Segment and Geographic Information and Revenue Disaggregation

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Segment and Geographic Information and Revenue Disaggregation

Note 13 – Segment and Geographic Information and Revenue Disaggregation

The Company has one reportable segment: Hardband Services. Hardband Services provides various hardbanding solutions to oilfield operators for drill pipe, weight pipe, tubing and drill collars. All Hardband Services revenue is generated in the United States, and all assets related to Hardband Services are located in the United States. Because the Company operates with only one reportable segment in one geographical area, there is no segment revenue or asset information to present.

To provide users of the financial statements information depicting how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors, we have disaggregated revenue by customer, with customers representing more than five percent of total annual revenues comprising the first category, and those representing less than five percent of total annual revenues comprising the second category.

	Year Ended December 31,
Category	2020		2019
>5%	$	750,734	$	1,310,206
<5%		100,659		893,898
	$	851,393	$	2,204,104