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CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2016
Concentrations, Significant Customers, Commitments And Contingencies Disclosure [Abstract]  
Schedule of Concentrations
For the years ended December 31, 2016 and 2015, the Company’s revenues and receivables were comprised of the following customer concentrations:
 
2016
 
2015
 
% of
Revenues
 
% of
Receivables
 
% of
Revenues
 
% of
Receivables
Customer 1
19%
 
—%
 
24%
 
11%
Customer 2
11%
 
10%
 
2%
 
2%
Customer 3
9%
 
9%
 
15%
 
2%
Customer 4
8%
 
4%
 
8%
 
16%
Customer 5
5%
 
10%
 
1%
 
—%
Schedule of Segment Revenues
At December 31, 2016 and 2015, and the years then ended, the Company's segment revenues were comprised of the following customer concentrations:
 
% of Revenue by Segment 2016
 
% of Revenue by Segment 2015
 
Black Oil
 
Refining
 
Recovery
 
Black Oil
 
Refining
 
Recovery
Customer 1
100
%
 
%
 
%
 
100
%
 
%
 
%
Customer 2
100
%
 
%
 
%
 
100
%
 
%
 
%
Customer 3
100
%
 
%
 
%
 
60
%
 
40
%
 
%
Customer 4
%
 
100
%
 
%
 
%
 
100
%
 
%
Customer 5
%
 
%
 
100
%
 
%
 
%
 
100
%
The Company’s reportable segments include the Black Oil, Refining and Marketing and Recovery divisions.  Segment information for the years ended December 31, 2016 and 2015 are as follows:
YEAR ENDED DECEMBER 31, 2016
 
 
Black Oil
 
Refining and Marketing
 
Recovery
 
Total
Revenues
 
$
76,634,940

 
$
13,154,777

 
$
8,289,197

 
$
98,078,914

Net loss from operations
 
$
(8,849,055
)
 
$
(402,317
)
 
$
(861,142
)
 
$
(10,112,514
)
Total Assets
 
$
80,774,533

 
$
1,573,395

 
$
4,638,040

 
$
86,985,968

 
 
 
 
 
 
 
 
 
YEAR ENDED DECEMBER 31, 2015
 
 
Black Oil
 
Refining and Marketing
 
Recovery
 
Total
Revenues
 
$
103,890,188

 
$
31,154,066

 
$
11,898,207

 
$
146,942,461

Net loss from operations
 
$
(15,957,969
)
 
$
363,708

 
$
1,501,220

 
$
(14,093,041
)
Total Assets
 
$
87,326,506

 
$
1,845,669

 
$
4,472,641

 
$
93,644,816

 
 
 
 
 
 
 
 
 
Schedule of Operating Leases Rent Expense
Total rent expense for all operating leases for 2016 and 2015 is summarized as follows:
 
2016
 
2015
Office leases
$
875,320

 
$
620,219

Plant Leases
4,052,250

 
3,996,000

Vehicle leases
365,877

 
326,476

 
$
5,293,447

 
$
4,942,695

Schedule of Future Minimum Operating Lease Commitments
Minimum future lease commitments as of December 31, 2016, are summarized as follows:
Year ending December 31,
Office Facilities
 
Vehicles
Plant Leases
 
Total
2017
$
466,266

 
$
231,084

$
3,646,000

 
$
4,343,350

2018
391,050

 
115,665

1,132,000

 
1,638,715

2019
384,500

 
57,956


 
442,456

2020
345,000

 


 
345,000

2021
342,000

 


 
342,000

Thereafter
3,275,000

 


 
3,275,000

 
$
5,203,816

 
$
404,705

$
4,778,000

 
$
10,386,521