SEGMENT, CUSTOMERS AND GEOGRAPHICAL INFORMATION

12 Months Ended

Dec. 31, 2018

Segment Reporting [Abstract]

SEGMENT CUSTOMERS AND GEOGRAPHICAL INFORMATION

27. SEGMENT, CUSTOMERS AND GEOGRAPHICAL INFORMATION

The Company has five reportable segments as of December 31, 2018 and had two reportable segments as of December 3, 2017; see Note 1 for a brief description of the Company’s business.

The following data presents the revenues, expenditures and other operating data of the Company’s geographic operating segments and presented in accordance with ASC No. 280.

	Year ended December 31, 2018
	DPC			DPL			Enertec			Digital Farms			I.AM			Eliminations			Total
Revenue	$	10,499,612		$	2,036,530		$	5,226,075		$	—		$	—		$	—		$	17,762,217
Revenue, cryptocurrency
mining		—			—			—			1,675,549			—			—			1,675,549
Revenue, related party		3,907,280			—			—			—			—			—			3,907,280
Revenue, restaurant operations		—			—			—			—			3,462,140			—			3,462,140
Revenue, lending activities		347,033			—			—			—			—			—			347,033
Inter-segment revenues		36,833			—			—			—			—			(36,833	)		—
Total revenues	$	14,790,758		$	2,036,530		$	5,226,075		$	1,675,549		$	3,462,140		$	(36,833	)	$	27,154,219
Depreciation and
amortization expense	$	300,326		$	65,046		$	389,808		$	2,151,505		$	—		$	—		$	2,906,685
Loss from operations	$	(3,608,828	)	$	(586,107	)	$	(431,320	)	$	(6,369,138	)	$	(81,264	)	$	—		$	(11,076,657	)
Capital expenditures for
segment assets, as of
December 31, 2018	$	44,190		$	1,301		$	48,826		$	8,891,928		$	184,377		$	—		$	9,169,992
Identifiable assets as of
December 31, 2018	$	28,623,729		$	1,458,699		$	10,251,816		$	7,018,958		$	2,072,678		$	—		$	49,425,880

	Year ended December 31, 2017
	DPC			DPL			Eliminations			Total
Revenues	$	7,889,731		$	2,111,018		$	—		$	10,000,749
Revenue, related party		173,751			—			—			173,751
Inter-segment revenues		53,501			—			(53,501	)		—
Total revenues	$	8,116,983		$	2,111,018		$	(53,501	)	$	10,174,500
Depreciation and amortization expense	$	183,252		$	70,754		$	—		$	254,006
Loss from operations	$	(5,558,272	)	$	(424,773	)	$	—		$	(5,983,045	)
Capital expenditures for segment assets, as of December 31, 2017	$	382,250		$	20,529		$	—		$	402,779
Identifiable assets as of December 31, 2017	$	28,780,371		$	1,728,523		$	—		$	30,508,894

Concentration Risk:

The following table provides the percentage of total revenues attributable to a single customer from which 10% or more of total revenues are derived:

			For the Year Ended
			December 31, 2018
		Total Revenues
		by Major		Percentage of
	Customers			Total Company
		(in thousands)		Revenues
Customer A		$	3,907,280	14	%

		For the Year Ended
		December 31, 2017
	Total Revenues
	by Major		Percentage of
	Customers		Total Company
	(in thousands)		Revenues
Customer B	$	1,340,766	13	%

Revenue from Customer A is related party revenue attributable to Coolisys and revenue from Customer B is also attributable to Coolisys. At December 31, 2018, MTIX represented all of the Company’s accounts and other receivable, related party.

For the years ended December 31, 2018 and 2017, total revenues from external customers divided on the basis of the Company’s product lines are as follows:

	For the Years Ended
	December 31,
	2018		2017
Revenues:
Commercial products	$	10,597,256	$	5,488,657
Defense products		16,556,963		4,685,843
Total revenues	$	27,154,219	$	10,174,500

Financial data relating to geographic areas:

The Company’s total revenues are attributed to geographic areas based on the location. The following table presents total revenues for the years ended December 31, 2018 and 2017. Other than as shown, no foreign country or region contributed materially to revenues or long-lived assets for these periods:

	For the Years Ended
	December 31,
	2018		2017
Revenues:
North America	$	19,113,226	$	6,636,954
Europe		1,765,991		2,634,166
Middle East		5,226,075		672,256
Other		1,048,927		231,124
Total revenues	$	27,154,219	$	10,174,500