SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Schedule of Reportable Segments and Operating Income

The following table presents information on reportable segments profit (loss) for the periods ended September 30, 2020:

	Three months ended September 30, 2020					Nine months ended September 30, 2020
	Solar		All other			Solar		All other
Revenues	$	312,480	$	25,615		$	1,030,175	$	71,476
Cost of revenues		203,590		21,283			673,751		61,974
Gross profit		108,890		4,332			356,424		9,502
Research and development		26,466		7,421			79,923		17,481
Sales and marketing		15,160		2,328			48,803		6,650
General and administrative		10,593		1,210			28,467		9,228
Segments profit (loss)	$	56,671	$	(6,627	)	$	199,231	$	(23,857	)

The following table presents information on reportable segments profit (loss) for the periods ended September 30, 2019:

	Three months ended September 30, 2019					Nine months ended September 30, 2019
	Solar		All other			Solar		All other
Revenues	$	387,772	$	22,784		$	947,586	$	59,851
Cost of revenues		250,493		16,058			610,335		47,927
Gross profit		137,279		6,726			337,251		11,924
Research and development		23,707		2,754			66,219		8,235
Sales and marketing		16,551		2,256			48,900		6,273
General and administrative		7,473		2,045			21,542		6,546
Segments profit (loss)	$	89,548	$	(329	)	$	200,590	$	(9,130	)

Schedule of Reportable Segments Reconciliation to Consolidated Revenues

The following table presents information on reportable segments reconciliation to consolidated revenues for the periods presented:

	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020			2019
Solar segment revenues	$	312,480	$	387,772	$	1,030,175		$	947,586
All other segment revenues		25,615		22,784		71,476			59,851
Adjustment of intersegment revenues		-		-		(487	)		-
Consolidated revenues	$	338,095	$	410,556	$	1,101,164		$	1,007,437

The following table presents information on reportable segments reconciliation to consolidated operating income for the periods presented:

	Three months ended September 30,						Nine months ended September 30,
	2020			2019			2020			2019
Solar segment profit	$	56,671		$	89,548		$	199,231		$	200,590
All other segment loss		(6,627	)		(329	)		(23,857	)		(9,130	)
Segments operating profit		50,044			89,219			175,374			191,460
Amounts not allocated to segments:
Stock based compensation expenses		(16,259	)		(11,367	)		(42,993	)		(32,443	)
Amortization		(2,833	)		(3,409	)		(8,169	)		(8,671	)
Legal settlement (see Note 11)		-			-			4,900			-
Cost of products adjustments		-			(107	)		(313	)		(1,108	)
Other unallocated expenses		(558	)		(14	)		(558	)		(1,515	)
Non recurring expenses		-			(8,305	)		-			(8,305	)
Adjustments:
Intersegment profit		-			-			(107	)		-
Consolidated operating income	$	30,394		$	66,017		$	128,134		$	139,418