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Note 12 - Segment Reporting
 6 Months Ended
Jun. 30, 2017
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
Note
1
2
- Segment Reporting
 
Enservco’s reportable business segments are Well Enhancement Services, Water Transfer Services, Water Hauling Services, and Construction Services. These segments have been selected based on changes in management’s resource allocation and performance assessment in making decisions regarding the Company.
 
The following is a description of the segments.
 
Well Enhancement Services
: This segment utilizes a fleet of frac water heating units, hot oil trucks and acidizing units to provide well enhancement and completion services to the domestic oil and gas industry. These services include frac water heating, hot oil services, pressure testing, and acidizing services.
 
Water Transfer Services
: This segment utilizes high and low volume pumps, lay flat hose, aluminum pipe and manifolds and related equipment to move fresh and/or recycled water from a water source such as a pond, lake, river, stream, or water storage facility to frac tanks at drilling locations to be used in connection with well completion activities. Also included in this segment are water treatment services whereby the Company uses patented hydropath technology under a sales agreement with HydroFLOW USA to remove bacteria and scale from water.
 
Water Hauling Services
: This segment utilizes a fleet of trucks and related assets, including specialized tank trucks, vacuum trailers, storage tanks, and disposal facilities to provide various water hauling services. These services are primarily provided by Dillco in the Hugoton Field in Kansas.
 
Construction Services
: This segment utilizes a fleet of trucks and equipment to provide excavation grading, and dirt hauling services to the oil and gas and construction industry. In
2016,
the Company started utilizing these assets to provide dirt hauling services to a general contractor in Colorado.
 
Unallocated and other includes general overhead expenses and assets associated with managing all reportable operating segments which have
not
been allocated to a specific segment.
 
The following tables set forth certain financial information with respect to Enservco’s reportable segments:
 
   
Well
Enhancement
    
Water Transfer
Services
    
Water Hauling
    
Construction
Services
    
Unallocated &
Other
    
Total
  
Three Months Ended
June 30, 2017:
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Revenues
   $
5,819,435
     $
305,994
     $
880,801
     $
99,811
     $
-
     $
7,106,041
  
Cost of Revenue
    
4,324,845
      
616,468
      
1,192,372
      
67,483
      
231,585
      
6,432,753
  
Segment Profit
   $
1,494,590
     $
(310,474
 )   $
(311,572
 )   $
32,328
     $
(231,585
 )   $
673,288
  
                                                 
Depreciation and 
Amortization
   $
1,252,801
     $
246,137
     $
167,866
     $
-
     $
8,071
     $
1,674,875
  
                                                 
Capital Expenditures 
(Excluding Acquisitions)
   $
140,287
     $
139,983
     $
69,043
     $
-
     $
528
     $
349,841
  
                                                 
                                                 
Three Months Ended
June 30, 2016:
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Revenues
   $
2,660,526
     $
-
     $
888,892
     $
588,934
     $
-
     $
4,138,352
  
Cost of Revenue
    
2,790,690
      
420,316
      
830,872
      
712,326
      
183,977
     $
4,938,181
  
Segment Profit
   $
(130,164
 )   $
(420,316
 )   $
58,020
     $
(123,392
 )   $
(183,977
 )   $
(799,829
 )
                                                 
Depreciation and 
Amortization
   $
1,224,851
     $
215,946
     $
169,396
     $
-
     $
7,427
     $
1,617,620
  
                                                 
Capital Expenditures 
(Excluding Acquisitions)
   $
50,545
     $
11,359
     $
5,739
     $
-
     $
-
     $
67,643
  
 
   
Well
Enhancement
    
Water Transfer
Services
    
Water Hauling
    
Construction
Services
    
Unallocated &
Other
    
Total
  
Six Months Ended
June 30, 2017:
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Revenues
   $
17,803,064
     $
1,058,006
     $
1,765,806
     $
254,066
     $
-
     $
20,880,942
  
Cost of Revenue
    
12,773,391
      
1,292,256
      
2,105,057
      
211,644
      
428,809
      
16,811,157
  
Segment Profit
   $
5,029,673
     $
(234,250
 )   $
(339,252
 )   $
42,422
     $
(428,809
 )   $
4,069,785
  
                                                 
Depreciation and
Amortization
   $
2,424,124
     $
477,796
     $
333,487
     $
-
     $
15,897
     $
3,251,304
  
                                                 
Capital Expenditures
(Excluding Acquisitions)
   $
404,316
     $
454,518
     $
106,431
     $
-
     $
5,561
     $
970,826
  
                                                 
Identifiable assets
(1)
   $
30,974,297
     $
3,885,676
     $
1,932,607
     $
-
     $
344,823
     $
37,137,403
  
                                                 
                                                 
Six Months Ended
June 30, 2016:
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Revenues
   $
9,820,349
     $
31,688
     $
2,004,440
     $
588,934
     $
-
     $
12,445,411
  
Cost of Revenue
    
7,747,146
      
879,252
      
2,020,876
      
712,326
      
348,666
     $
11,708,266
  
Segment Profit
   $
2,073,203
     $
(847,564
 )   $
(16,436
 )   $
(123,392
 )   $
(348,666
 )   $
737,145
  
                                                 
Depreciation and
Amortization
   $
2,577,218
     $
431,893
     $
338,198
     $
-
     $
18,283
     $
3,365,592
  
                                                 
Capital Expenditures
(Excluding Acquisitions)
   $
369,281
     $
164,045
     $
27,473
     $
-
     $
16,331
     $
577,130
  
                                                 
Identifiable assets
(1)
   $
34,399,312
     $
3,903,753
     $
2,526,981
     $
-
     $
325,765
     $
41,155,811
  
 
 
 
(
1
)
Identifiable assets is calculated by summing the balances of accounts receivable, net; inventories; property and equipment, net; and other assets.
 
The following table reconciles the segment profits reported above to the loss from operations reported in the consolidated statements of operations:
 
   
Three Months Ended
    
Three Months Ended
    
Six Months Ended
    
Six Months Ended
  
   
June 30, 2017
    
June 30, 2016
    
June 30, 2017
    
June 30, 2016
  
                                 
Segment profit (loss)
   $
673,288
     $
(799,829
 )   $
4,069,785
     $
737,145
  
General and administrative expenses
    
(1,289,616
 )    
(901,321
 )    
(2,284,299
 )    
(1,927,896
 )
Patent litigation and defense costs
    
(24,542
 )    
(39,446
 )    
(67,230
 )    
(75,612
 )
Severance and Transition Costs
    
(767,755
 )    
-
      
(767,755
 )    
-
  
Depreciation and amortization
    
(1,674,875
 )    
(1,617,620
 )    
(3,251,304
 )    
(3,365,592
 )
Income (loss) from Operations
   $
(3,083,501
 )   $
(3,358,216
 )   $
(2,300,803
 )   $
(4,631,955
 )