Segment Reporting

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Segment Reporting

Note 5 — Segment Reporting

Operating segments are defined as components of an enterprise for which discrete financial information is available that is evaluated regularly by the chief operating decision maker (CODM) for purposes of allocating resources and evaluating financial performance. The Company’s CODM is the chief financial officer who reviews financial information presented at the subsidiary level for purposes of allocating resources and evaluating financial performance. As such, the Company’s operations constitute two (2) operating segments and two (2) reportable segments.

The following table reflect the results of continuing operations of the company’s segments consistent with the management and measurement system utilized within the company. Performance measurement is primarily based on revenue and gross profit. These results are used, in part, by the chief operating decision maker, both in evaluating the performance of, and in allocating resources to, each of the segments. The CODM does not evaluate performance or allocate resources based on segment asset data, and therefore such information is not included.

The following tables provide a summary of the revenue, and cost of revenue from continuing operations for our subsidiary segments for the three months ended March 31, 2022 (in thousands):

For the Three Months Ended March 31, 2022
Revenues	TTM Digital			Sysorex Government Services		Condensed Consolidated
Products Revenue	$	-		$	4,529	$	4,529
Services Revenue		-			508		508
Mining Income		765			-		765
Total Revenues	$	765		$	5,037	$	5,802
Product Cost	$	-		$	2,015	$	2,015
Services Cost		-			262		262
Mining Cost		144			-		144
Other Operating Expenses	$	3,908		$	1,894	$	5,802
Operating Income (Loss)	$	(3,287	)	$	866	$	(2,421	)
Total Segment Assets	$	5,741		$	8,859	$	14,600