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Business Segments
6 Months Ended
Jun. 30, 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 June 30, 2020Six Months Ended June 30, 2020
(in thousands)(in thousands)
LNGPower DeliveryTotalLNGPower DeliveryTotal
Revenues$4,027  $976  $5,003  $16,555  $2,286  $18,841  
Depreciation2,234  32  2,266  4,469  67  4,536  
Loss from operations before equity income(3,531) (441) (3,972) (3,730) (875) (4,605) 
Net equity income from foreign joint ventures' operations—  948  948  —  774  774  
Income (loss) from operations(3,531) 507  (3,024) (3,730) (101) (3,831) 
Net income (loss)(3,740) 277  (3,463) (4,220) (293) (4,513) 
June 30, 2020
(in thousands)
LNGPower DeliveryTotal
Total assets$67,358  $14,252  $81,610  

Three Months Ended June 30, 2019Six Months Ended June 30, 2019
(in thousands)(in thousands)
LNGPower DeliveryTotalLNGPower DeliveryTotal
Revenues$11,095  $—  $11,095  $24,070  $—  $24,070  
Depreciation2,295  —  2,295  4,585  —  4,585  
Loss from operations before equity income(723) —  (723) (926) —  (926) 
Net loss(1,038) —  (1,038) (1,597) —  (1,597) 
December 31, 2019
(in thousands)
LNGPower DeliveryTotal
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.