Segment Reporting

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Segment Reporting

Segment Reporting

The Company discloses segment information that is consistent with the way in which management operates and views its business. Effective during the quarter ended March 31, 2022, the Company has reduced its reportable segments to five operating segments as represented by the Company’s five silo companies: A4 Construction Services, Inc.; A4 Manufacturing, Inc.; A4 Technologies, Inc.; A4 Aerospace Corporation; and A4 Defense Systems, Inc. The Company’s reportable segments for the three months ended March 31, 2022, and March 31, 2021, and as of March 31, 2022, and December 31, 2021, were as follows:

	Three Months Ended March 31,
	2022		2021
Revenue
Construction Services	$	4,056,204	$	4,930,096
Manufacturing	8,648,095		3,738,309
Defense	2,687,981		—
Technologies	9,793,988		—
Aerospace	405,886		—
	$	25,592,154	$	8,668,405
Gross profit
Construction Services	$	364,832	$	(157,658)
Manufacturing	2,004,169		912,277
Defense	843,189		—
Technologies	2,122,299		—
Aerospace	302,968		—
	$	5,637,457	$	754,619
Income (loss) from operations
Construction Services	$	(635,688)	$	(2,103,802)
Manufacturing	(653,349)		254,189
Defense	423,140		—
Technologies	289,777		—
Aerospace	(851,130)		(2,217,779)
Unallocated	(2,172,461)		(1,004,677)

	$	(3,599,711)	$	(5,072,069)
Depreciation and amortization
Construction Services	$	166,404	$	332,722
Manufacturing	481,687		163,359
Defense	72,090		—
Technologies	243,713		—
Aerospace	282,690		178,244
Unallocated	158,807		48,101
	$	1,405,391	$	722,426
Interest Expense
Construction Services	$	165,010	$	381,836
Manufacturing	129,989		142,356
Technologies	54,817		—
Aerospace	1,440		—
Unallocated	257,705		947,531
	$	608,961	$	1,471,723
Net income (loss)
Construction Services	$	(744,342)	$	(2,480,268)
Manufacturing	(845,765)		91,247
Defense	423,140		—
Technologies	234,960		—
Aerospace	(835,748)		(1,788,239)
Unallocated	(2,408,198)		(1,952,208)
	$	(4,175,953)	$	(6,129,468)

	As of March 31, 2022		As of December 31, 2021
Total Assets
Construction Services	$	22,601,572	$	13,985,561
Manufacturing	34,397,698		39,964,186
Defense	11,030,976		11,982,580
Technologies	44,108,997		39,516,284
Aerospace	11,505,876		17,078,926
Unallocated	6,735,899		10,507,786
	$	130,381,018	$	133,035,323
Goodwill
Construction Services	$	113,592	$	113,592
Manufacturing	8,036,200		8,036,200
Defense	6,426,786		6,426,786
Technologies	5,447,746		5,447,746
Aerospace	1,913,310		1,913,310
	$	21,937,634	$	21,937,634
Accounts receivable, net
Construction Services	$	4,140,179	$	4,193,243
Manufacturing	3,354,509		3,192,030
Defense	1,592,054		1,371,184
Technologies	4,385,115		2,998,945
Aerospace	144,837		119,774
	$	13,616,694	$	11,875,176