XML 27 R16.htm IDEA: XBRL DOCUMENT v3.24.1
REVENUE
12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
REVENUE

NOTE 10 – REVENUE

Revenue generated was concentrated within the United States. For the year ended December 31, 2023 and 2022, the revenue generated within the United States was $138.3 million and $118.3 million, respectively, or 91% and 91% of total revenues, respectively. For the year ended December 31, 2023 and 2022, the revenue generated outside of the United States, in Canada and International, was $13.7 million and $11.3 million, respectively, or 9% and 9% of total revenues, respectively. The Company derives its revenue from two revenue types, tool rental services and product sales. The following table represents our revenues disaggregated by category:

 

 

Year Ended December 31, 2023

 

 

Year Ended December 31, 2022

 

Tool Rental Services

 

$

119,239

 

 

$

99,018

 

Product Sales

 

 

32,795

 

 

 

30,538

 

Total Revenue

 

$

152,034

 

 

$

129,556