15. BUSINESS SEGMENTS (Tables)

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Segment operating income

Year Ended December 31, 2020	Bromine*			Crude Salt*			Chemical Products			Natural Gas			Segment Total			Corporate			Total
Net revenue (external customers)	$	25,184,808		$	3,022,216		$	—		$	—		$	28,207,024		$	—		$	28,207,024
Net revenue (intersegment)								—			—			—			—			—
Loss from operations before income tax expense		1,616,542			(3,589,494	)		(2,745,297	)		(204,514	)		(4,922,763	)		(4,760,629	)		(9,683,392	)
Income tax (expense) benefit		(404,135	)		890,331			622,275			—			1,108,471			—			1,108,471
Loss from operations after income tax  (expense) benefit		1,212,407			(2,699,163	)		(2,123,022	)		(204,514	)		(3,814,292	)		(4,760,629	)		(8,574,921	)
Total assets		140,043,211			31,602,967			120,746,404			1,636,467			294,029,049			8,769			294,037,818
Depreciation and amortization		10,714,004			4,672,181			459,558			142,117			15,987,860			—			15,987,860
Capital expenditures		3,157,669			646,752			17,914,948			—			21,719,369			—			21,719,369

Year Ended December 31, 2019	Bromine*			Crude Salt*			Chemical Products			Natural Gas			Segment Total			Corporate			Total
Net revenue (external customers)	$	10,022,027		$	522,758		$	—		$	51,736		$	10,596,521		$	—		$	10,596,521
Net revenue (intersegment)		—			—			—			—			—			—			—
Loss from operations before income tax expense		(15,609,979	)		(4,446,900	)		(2,823,298	)		(188,949	)		(23,069,126	)		(225,257	)		(23,294,383	)
Income tax (expense) benefit		(3,181,343	)		(247,250	)		621,606			—			(2,806,987	)		—			(2,806,987	)
Loss from operations after income tax  (expense) benefit		(18,791,322	)		(4,694,150	)		(2,201,692	)		(188,949	)		(25,876,113	)		(225,257	)		(26,101,370	)
Total assets		142,568,684			23,352,060			111,506,728			1,732,380			279,159,852			91,133			279,250,985
Depreciation and amortization		9,625,334			3,833,288			459,613			142,692			14,060,927			—			14,060,927
Capital expenditures		57,607,104			3,004,845			—			—			60,611,949			—			60,611,949

* Certain common production overheads, operating and administrative expenses and asset items (mainly cash and certain office equipment) of bromine and crude salt segments in SCHC were split by reference to the average selling price and production volume of the respective segment.

Segment costs

	Years Ended December 31,
Reconciliations	2020			2019
Total segment operating loss	$	(4,922,763	)	$	(23,069,126	)
Corporate costs		(2,928,603	)		(646,914	)
Unrealized gain (loss) on translation of intercompany balance		(1,832,026	)		421,657
Loss from operations		(9,683,392	)		(23,294,383	)
Other income, net of expense		154,877			301,325
Loss before taxes	$	(9,528,515	)	$	(22,993,058	)

Major customers

The following table shows the major customers (10% or more) for the year ended December 31, 2020

Number	Customer	Bromine (000’s)		Crude Salt (000’s)			Chemical Products (000’s)			Total Revenue  (000’s)		Percentage of Total Revenue (%)
1	Shandong Morui Chemical Company Limited	$	4,901		$	1,062		$	—	$	5,963		21.2	%
2	Shandong Brother Technology Limited	$	3,188		$	1,083		$	—	$	4,271		15.2	%
3	Shouguang Weidong Chemical Company Limited	$	3,683		$	876		$	—	$	4,559		16.2	%
4	Shandong Shouguang Shenrunfa Ocean Chemical Company Limited	$	3,320		$	—		$	—	$	3,320		11.8	%
5	Dongying Bomeite Chemical Company Limited	$	2,970		$	—		$	—	$	2,970		10.5	%

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The following table shows the major customers (10% or more) for the year ended December 31, 2019.

Number	Customer	Bromine (000’s)		Crude Salt (000’s)		Chemical Products (000’s)		Total Revenue (000’s)			Percentage of Total Revenue (%)
1	Shandong Morui Chemical Company Limited	$	2,203	$	175	$	—		$	2,378		22.6	%
2	Shouguang Weidong Chemical Company Limited	$	1,629	$	154	$	—		$	1,783		16.9	%
3	Shandong Brother Technology Limited, Kuerle Xingdong Trading Limited	$	1,539	$	192	$	—		$	1,731		16.4	%
4	Shandong Shouguang Shenrunfa Ocean Chemical Company Limited	$	1,297	$	—	$	—		$	1,297		12.3	%
5	Dongying Bomeite Chemical Company Limited	$	1,098	$	—	$	—		$	1,098		10.4	%