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Business Segments
3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Business Segments
Business Segments
The Company’s revenues are derived from two operating segments: LNG and Power Delivery. The LNG segment supplies LNG to the industrial, midstream, and oilfield sectors in North America and provides turnkey fuel solutions to help users of propane, diesel and other crude-based fuel products convert to LNG. The Power Delivery segment provides power delivery solutions through our subsidiary in Brazil and in China through our 40% interest in BOMAY.
 
Three Months Ended March 31, 2020
 
 
 
(in thousands)
 
 
 
LNG
 
Power Delivery
 
Total
 
 
 
 
 
 
Revenues
$
12,528

 
$
1,310

 
$
13,838

Depreciation
2,235

 
35

 
2,270

Loss from operations before equity income
(199
)
 
(434
)
 
(633
)
Net equity income from foreign joint ventures' operations

 
(174
)
 
(174
)
Loss from operations
(199
)
 
(608
)
 
(807
)
Net loss
(480
)
 
(570
)
 
(1,050
)
 
March 31, 2020
 
 
 
(in thousands)
 
 
 
LNG
 
Power Delivery
 
Total
Total Assets
$
72,647

 
$
13,098

 
$
85,745

 
Three Months Ended March 31, 2019
 
 
 
(in thousands)
 
 
 
LNG
 
Power Delivery
 
Total
Revenues
$
12,975

 
$

 
$
12,975

Depreciation
2,290

 

 
2,290

Loss from operations before equity income
(203
)
 

 
(203
)
Net loss
(559
)
 

 
(559
)
 
December 31, 2019
 
 
 
(in thousands)
 
 
 
LNG
 
Power Delivery
 
Total
Total Assets
$
75,883

 
$
14,443

 
$
90,326



Our operating segments offer different products and services and are managed separately as business units. Cash, cash equivalents and investments are not managed centrally, so the gains and losses on foreign currency remeasurement, and interest and dividend income, are included in the segments’ results.