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15. BUSINESS SEGMENTS (Tables) | 12 Months Ended
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Dec. 31, 2019
Segment Reporting [Abstract] |
Segment operating income |
Year Ended December 31, 2019 |  | Bromine* |  | Crude Salt* |  | Chemical Products |  | Natural Gas |  | Segment Total |  | Corporate |  | Total
Net revenue (external customers) |  | $ | 10,022,027 |  |  | $ | 522,758 |  |  | $ | — |  |  | $ | 51,736 |  |  | $ | 10,596,521 |  |  | $ | — |  |  | $ | 10,596,521 |
Net revenue (intersegment) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Loss from operations before income tax expense |  |  | (15,609,979 | ) |  |  | 446,900 |  |  |  | (2,823,298 | ) |  |  | (188,949 | ) |  |  | (23,069,126 | ) |  |  | (225,257 | ) |  |  | (23,294,383 | )
Income tax (expense) benefit |  |  | (3,181,343 | ) |  |  | (247,250 | ) |  |  | 621,606 |  |  |  | — |  |  |  | (2,806,987 | ) |  |  | — |  |  |  | (2,806,987 | )
Loss from operations after income tax (expense) benefit |  |  | (18,791,322 | ) |  |  | (694,150 | ) |  |  | (2,201,692 | ) |  |  | (188,949 | ) |  |  | (25,876,113 | ) |  |  | (225,257 | ) |  |  | (26,101,370 | )
Total assets |  |  | 142,568,684 |  |  |  | 23,352,060 |  |  |  | 111,506,728 |  |  |  | 1,732,380 |  |  |  | 279,159,852 |  |  |  | 91,133 |  |  |  | 279,250,985 |
Depreciation and amortization |  |  | 9,625,334 |  |  |  | 3,833,288 |  |  |  | 459,613 |  |  |  | 142,692 |  |  |  | 14,060,927 |  |  |  | — |  |  |  | 14,060,927 |
Capital expenditures |  |  | 57,607,104 |  |  |  | 3,004,845 |  |  |  | — |  |  |  | — |  |  |  | 60,611,949 |  |  |  | — |  |  |  | 60,611,949 |
Year Ended December 31, 2018 |  | Bromine * |  | Crude Salt * |  | Chemical Products |  | Natural Gas |  |  | Segment Total |  | Corporate |  |  | Total
Net revenue (external customers) |  | $ | — |  |  | $ | 1,981,573 |  |  | $ | 613,368 |  |  | $ | — |  |  | $ | 2,594,941 |  |  | $ | — |  |  | $ | 2,594,941 |
Net revenue (intersegment) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Income (loss) from operations before income taxes benefit |  |  | (40,504,752 | ) |  |  | (8,336,305 | ) |  |  | (34,757,750 | ) |  |  | (204,517) |  |  |  | (83,803,324 | ) |  |  | 250,793 |  |  |  | (83,552,531 | )
Income taxes benefit |  |  | 10,304,897 |  |  |  | 1,902,111 |  |  |  | 880,847 |  |  |  | — |  |  |  | 13,087,855 |  |  |  | — |  |  |  | 13,087,855 |
Income (loss) from operations after income taxes benefit |  |  | (30,199,855 | ) |  |  | (6,434,194 | ) |  |  | (33,876,903 | ) |  |  | (204,517) |  |  |  | (70,715,469 | ) |  |  | 250,793 |  |  |  | (70,464,676 | )
Total assets |  |  | 115,233,773 |  |  |  | 37,254,518 |  |  |  | 144,172,070 |  |  |  | 1,883,419 |  |  |  | 298,543,780 |  |  |  | 3,010 |  |  |  | 298,546,790 |
Depreciation and amortization |  |  | 11,979,985 |  |  |  | 4,983,636 |  |  |  | 479,697 |  |  |  | — |  |  |  | 17,443,318 |  |  |  | — |  |  |  | 17,443,318 |
Capital expenditures |  |  | 31,904,288 |  |  |  | 2,145,440 |  |  |  | 1,192,963 |  |  |  | 30,616 |  |  |  | 35,273,307 |  |  |  | — |  |  |  | 35,273,307 |
* Certain common production overheads, operating and administrative expenses and asset items (mainly cash and certain office equipment) of bromine and crude salt segments in SCHC were split by reference to the average selling price and production volume of the respective segment.
Segment costs |
|  |  | Years Ended December 31, |
Reconciliations |  |  | 2019 |  |  | 2018 |
Total segment operating loss |  |  | $ | (23,069,126) |  |  | $ | (83,803,324) |
Corporate costs |  |  |  | (646,914) |  |  |  | (1,064,661) |
Unrealized gain on translation of intercompany balance |  |  |  | 421,657 |  |  |  | 1,315,454 |
Loss from operations |  |  |  | (23,294,383) |  |  |  | (83,552,531) |
Other income, net of expense |  |  |  | 301,325 |  |  |  | 500,690 |
Loss before taxes |  |  | $ | (22,993,058) |  |  | $ | (83,051,841) |
Major customers | The following table shows the major customer(s) (10% or more) for the year ended December 31, 2019.
Number |  | Customer |  | Bromine (000’s) |  | Crude Salt (000’s) |  | Chemical Products (000’s) |  | Total Revenue (000’s) |  | Percentage of Total Revenue (%)
| 1 |  |  | Shandong Morui Chemical Company Limited |  | $ | 2,203 |  |  | $ | 175 |  |  | $ | — |  |  | $ | 2,378 |  |  |  | 22.6%
| 2 |  |  | Shouguang Weidong Chemical Company Limited |  | $ | 1,629 |  |  | $ | 154 |  |  | $ | — |  |  | $ | 1,783 |  |  |  | 16.9%
| 3 |  |  | Shandong Brother Technology Limited, Kuerle Xingdong Trading Limited |  | $ | 1,539 |  |  | $ | 192 |  |  | $ | — |  |  | $ | 1,731 |  |  |  | 16.4%
| 4 |  |  | Dongying Bomeite Chemical Company Limited |  | $ | 1,098 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,098 |  |  |  | 10.4%
| 5 |  |  | Shandong Shouguang Shenrunfa Ocean Chemical Company Limited |  | $ | 1,297 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,297 |  |  |  | 12.3%
The following table shows the major customer(s) (10% or more) for the year ended December 31, 2018.
Number |  | Customer |  | Bromine (000’s) |  | Crude Salt (000’s) |  | Chemical Products (000’s) |  | Total Revenue (000’s) |  | Percentage of Total Revenue (%)
| 1 |  |  | Shandong Morui Chemical Company Limited |  | $ | — |  |  | $ | 656 |  |  | $ | 155 |  |  | $ | 811 |  |  |  | 31%
| 2 |  |  | Shandong Brother Technology Limited, Kuerle Xingdong Trading Limited |  | $ | — |  |  | $ | 783 |  |  | $ | — |  |  | $ | 783 |  |  |  | 30%
| 3 |  |  | Shouguang Weidong Chemical Company Limited |  | $ | — |  |  | $ | 543 |  |  | $ | — |  |  | $ | 543 |  |  |  | 21%

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