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SEGMENT AND CUSTOMERS INFORMATION (Tables)
 9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Schedule of operating segments
                                 

Nine Months Ended September 30, 2024

 
   TurnOnGreen   Fintech   Sentinum   AGREE   Energy   ROI   Holding Co.   Total 
Revenue  $3,751,000   $-   $-   $-   $94,000   $121,000   $1,819,000   $5,785,000 
Revenue, crypto assets mining   -    -    25,201,000    -    -    -    -    25,201,000 
Revenue, hotel and real estate operations   -    -    725,000    13,652,000    -    -    -    14,377,000 
Revenue, crane operations   -    -    -    -    36,945,000    -    -    36,945,000 
Revenue, lending and trading activities   -    4,911,000    -    -    -    -    -    4,911,000 
Total revenues  $3,751,000   $4,911,000   $25,926,000   $13,652,000   $37,039,000   $121,000   $1,819,000   $87,219,000 
                                         
Depreciation and amortization expense  $73,000   $-   $12,322,000   $2,162,000   $3,513,000   $57,000   $1,526,000   $19,653,000 
                                         
Impairment of property and equipment  $-   $-   $10,500,000   $9,246,000   $-   $-   $-   $19,746,000 
                                         
(Loss) income from operations  $(2,781,000)  $3,634,000   $(11,066,000)  $(8,850,000)  $1,464,000   $(15,891,000)  $(14,379,000)  $(47,869,000)
                                         
Interest expense  $-   $(5,000)  $(122,000)  $(5,345,000)  $(2,693,000)  $(2,215,000)  $(8,445,000)  $(18,825,000)
                                         
Capital expenditures for the nine months ended September 30, 2024  $53,000   $-   $1,675,000   $774,000   $2,054,000   $112,000   $95,000   $4,763,000 
                                         
Segment identifiable assets as of September 30, 2024  $3,755,000   $12,787,000   $37,249,000   $81,331,000   $50,537,000   $1,309,000   $44,230,000   $231,198,000 

 

                                 
Three Months Ended September 30, 2024 
   TurnOnGreen   Fintech   Sentinum   AGREE   Energy   ROI   Holding Co.   Total 
Revenue  $1,290,000   $-   $-   $-   $26,000   $54,000   $845,000   $2,215,000 
Revenue, crypto assets mining   -    -    5,264,000    -    -    -    -    5,264,000 
Revenue, hotel and real estate operations   -    -    168,000    5,512,000    -    -    -    5,680,000 
Revenue, crane operations   -    -    -    -    12,327,000    -    -    12,327,000 
Revenue, lending and trading activities   -    5,575,000    -    -    -    -    -    5,575,000 
Total revenues  $1,290,000   $5,575,000   $5,432,000   $5,512,000   $12,353,000   $54,000   $845,000   $31,061,000 
                                         
Depreciation and amortization expense  $25,000   $-   $4,170,000   $1,771,000   $1,426,000   $19,000   $493,000   $7,904,000 
                                         
Impairment of property and equipment  $-   $-   $10,500,000   $1,291,000   $-   $-   $-   $11,791,000 
                                         
(Loss) income from operations  $(1,479,000)  $4,484,000   $(13,887,000)  $(1,268,000)  $514,000   $(8,877,000)  $(4,082,000)  $(24,595,000)
                                         
Interest expense  $157,000  $3,000   $(4,000)  $(2,362,000)  $(682,000)  $328,000   $(5,206,000)  $(7,766,000)
                                         
Capital expenditures for the three months ended September 30, 2024  $45,000   $-   $690,000   $112,000   $188,000   $53,000   $22,000   $1,110,000 

 

 

The following data presents the revenues, expenditures and other operating data of the Company and its operating segments for the three and nine months ended September 30, 2023:

                                         
Nine Months Ended September 30, 2023 
   TurnOnGreen   Fintech   Sentinum   AGREE   Ault
Disruptive		   SMC   Energy   ROI   Holding Co.   Total 
Revenue, product  $2,765,000   $-   $-   $-   $-   $21,939,000   $987,000   $63,000   $-   $25,754,000 
Revenue, crypto assets mining   -    -    23,273,000    -    -    -    -    -    -    23,273,000 
Revenue, hotel and real estate operations             1,116,000    12,032,000                             13,148,000 
Revenue, lending and trading activities   -    4,337,000    -    -    -    -    -    -    -    4,337,000 
Revenue, crane operations   -    -    -    -    -    -    37,726,000    -    -    37,726,000 
Total revenues  $2,765,000   $4,337,000   $24,389,000   $12,032,000   $-   $21,939,000   $38,713,000   $63,000   $-   $104,238,000 
                                                   
Depreciation and amortization expense  $68,000   $-   $14,362,000   $2,408,000   $-   $779,000   $3,053,000   $152,000   $1,556,000   $22,378,000 
                                                   
(Loss) income from operations  $(4,067,000)  $1,091,000   $(4,363,000)  $(349,000)  $(1,052,000)  $(4,598,000)  $(30,216,000)  $(33,590,000)  $(20,011,000)  $(97,155,000)
                                                   
Capital expenditures for the nine months ended September 30, 2023  $131,000   $-   $1,426,000   $6,035,000   $-   $383,000   $3,319,000   $407,000   $2,906,000   $14,607,000 
                                                   
Segment identifiable assets as of December 31, 2023  $4,995,000   $17,027,000   $59,903,000   $90,991,000   $2,347,000   $-   $51,254,000   $9,937,000   $43,943,000   $280,397,000 

 

                                         
Three Months Ended September 30, 2023 
   TurnOnGreen   Fintech   Sentinum   AGREE   Ault
Disruptive		   SMC   Energy   ROI   Holding Co.   Total 
Revenue, product  $1,166,000   $-   $-   $-   $-   $15,931,000   $439,000   $18,000   $-   $17,554,000 
Revenue, crypto assets mining   -    -    7,558,000    -    -    -    -    -    -    7,558,000 
Revenue, commercial real estate leases             333,000    5,404,000                             5,737,000 
Revenue, lending and trading activities   -    (249,000)   -    -    -    -    -    -    -    (249,000)
Revenue, crane operations   -    -    -    -    -    -    12,490,000    -    -    12,490,000 
Total revenues  $1,166,000   $(249,000)  $7,891,000   $5,404,000   $-   $15,931,000   $12,929,000   $18,000   $-   $43,090,000 
                                                   
Depreciation and amortization expense  $24,000   $-   $5,792,000   $774,000   $-   $338,000   $1,073,000   $32,000   $528,000   $8,561,000 
                                                   
(Loss) income from operations  $(1,498,000)  $(1,039,000)  $(2,661,000)  $1,050,000   $(214,000)  $181,000   $2,505,000   $(13,315,000)  $(5,359,000)  $(20,350,000)
                                                   
Capital expenditures for the three months ended September 30, 2023  $121,000   $-   $261,000   $518,000   $-   $199,000   $1,983,000   $-   $314,000   $3,396,000