Segment Information

3 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

SEGMENT INFORMATION

NOTE 18: SEGMENT INFORMATION 

The Company follows the provisions of ASC 280-10 Disclosures about Segments of an Enterprise and Related Information. This standard requires that companies disclose operating segments based on the manner in which management disaggregates the Company in making operating decisions. As of June 30, 2020, and for the three months ended June 30, 2020, the Company operated in three segments. The segments are Financial Services (Trend Holdings), Technology (Zest Labs (which includes the operations of 440IoT Inc.)), and Commodities (Banner Midstream). As of June 30, 2019 and for the three months ended June 30, 2019, the Company operated in two segments only (Technology and Financial).

Three Months Ended June 30, 2020	Commodities			Financial			Technology			Total
Segmented operating revenues	$	2,223		$	90		$	-		$	2,313
Cost of revenues		1,093			-			-			1,093
Gross profit		1,130			90			-			1,220
Total operating expenses net of depreciation, amortization, depletion and accretion		2,066			129			919			3,114
Depreciation, amortization, depletion and accretion		238			-			63			301
Other (income) expense		13,738			875			4,373			18,986
Loss from continuing operations	$	(14,912	)	$	(914	)	$	(5,355	)	$	(21,181	)
Segmented assets as of June 30, 2020
Property and equipment, net	$	3,219		$	-		$	478		$	3,697
Oil and Gas Properties	$	6,001		$	-		$	-		$	6,001
Intangible assets, net	$	9,281		$	3,223		$	-		$	12,504
Capital expenditures	$	50		$	-		$	-		$	50

Three Months Ended June 30, 2019	Commodities		Financial			Technology			Total
Segmented operating revenues	$	-	$	23		$	12		$	35
Cost of revenues		-		-			45			45
Gross profit		-		23			(33	)		(10	)
Total operating expenses net of depreciation, amortization, and impairment		-		139			2,308			2,447
Depreciation and amortization		-		-			77			77
Other (income) expense		-		(148	)		(738	)		(886	)
Income (loss) from continuing operations	$		$	32		$	(1,680	)	$	(1,648	)
Segmented assets as of June 30, 2019
Property and equipment, net	$	-	$	-		$	747		$	747
Oil and Gas Properties	$	-	$	-		$	-		$	-
Intangible assets, net	$	-	$	3,223		$	-		$	3,223
Capital expenditures	$	-	$	-		$	-		$	-