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SEGMENT, CUSTOMERS AND GEOGRAPHICAL INFORMATION
 9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
SEGMENT, CUSTOMERS AND GEOGRAPHICAL INFORMATION

24. SEGMENT, CUSTOMERS AND GEOGRAPHICAL INFORMATION

 

The Company has three reportable segments; 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 operating segments and presented in accordance with ASC No. 280. The total loss from operations of the Company’s reportable segments is less than the Company’s consolidated loss from operations due to DPW Holdings corporate expenses.

 

    Three Months ended September 30, 2020  
    GWW     Coolisys     Ault Alliance     Total  
Revenue   $ 4,329,295     $ 1,375,805     $ —     $ 5,705,100  
Revenue, lending activities     —       —       (29,536 )     (29,536 )
Total revenues   $ 4,329,295     $ 1,375,805     $ (29,536 )   $ 5,675,564  
                                 
Depreciation and                                
amortization expense   $ 328,302     $ 21,426     $ —     $ 349,728  
                                 
Loss from operations   $ (65,369 )   $ 126,593     $ (40,561 )   $ 20,663  
Capital expenditures for                                
segment assets, as of                                
September 30, 2020   $ 337,921     $ 26,425     $ —     $ 364,346  
                                 
Identifiable assets as of                                
September 30, 2020   $ 21,186,343     $ 21,009,613     $ 1,448,856     $ 43,644,812  

 

    Three Months ended September 30, 2019  
    GWW     Coolisys     Ault Alliance     Total  
Revenue   $ 3,355,897     $ 1,612,543     $ —     $ 4,968,440  
Revenue, cryptocurrency                                
mining     —       307,172       —       307,172  
Revenue, lending activities     —       —       69,217       69,217  
Total revenues   $ 3,355,897     $ 1,919,715     $ 69,217     $ 5,344,829  
                                 
Depreciation and                                
amortization expense   $ 151,257     $ 747,034     $ —     $ 898,291  
                                 
Loss from operations   $ (133,909 )   $ (5,050,617 )   $ (70,953 )   $ (5,255,479 )
Capital expenditures for                                
segment assets, as of                                
September 30, 2019   $ 25,135     $ 30,582     $ —     $ 55,717  
                                 
Identifiable assets as of                                
September 30, 2019   $ 19,440,320     $ 28,079,982     $ 2,983,046     $ 50,503,348  

 

    Nine Months ended September 30, 2020  
    GWW     Coolisys     Ault Alliance     Total  
Revenue   $ 12,905,877     $ 3,803,241     $ —     $ 16,709,118  
Revenue, lending activities     —       —     $ (27,140 )     (27,140 )
Total revenues   $ 12,905,877     $ 3,803,241     $ (27,140 )   $ 16,681,978  
                                 
Depreciation and                                
amortization expense   $ 478,316     $ 129,644     $ —     $ 607,960  
                                 
Loss from operations   $ 118,642     $ (27,460 )   $ (121,977 )   $ (30,795 )
Capital expenditures for                                
segment assets, as of                                
September 30, 2020   $ 528,038     $ 26,425     $ —     $ 554,463  
                                 
Identifiable assets as of                                
September 30, 2020   $ 21,170,343     $ 21,297,286     $ 1,448,856     $ 43,916,485  

 

  Nine Months ended September 30, 2019  
    GWW     Coolisys     Ault Alliance     Total  
Revenue   $ 10,754,949     $ 4,306,340     $ —     $ 15,061,289  
Revenue, cryptocurrency                                
mining     —       592,092       —       592,092  
Revenue, lending activities     —       —       443,927       443,927  
Total revenues   $ 10,754,949     $ 4,898,432     $ 443,927     $ 16,097,308  
                                 
Depreciation and                                
amortization expense   $ 553,642     $ 2,239,958     $ —     $ 2,793,600  
                                 
Loss from operations   $ (651,993 )   $ (7,188,830 )   $ (29,663 )   $ (7,870,486 )
Capital expenditures for                                
segment assets, as of                                
June 30, 2019   $ 102,364     $ 46,959     $ —     $ 149,323  
                                 
Identifiable assets as of                                
June 30, 2019   $ 19,138,562     $ 23,200,317     $ 3,184,296     $ 45,523,175  

 

Concentration Risk:

 

The following tables provide the percentage of total revenues for the three and nine months ended September 30, 2020 and 2019 attributable to a single customer from which 10% or more of total revenues are derived.

 

    For the Three Months Ended   For the Nine Months Ended
    September 30, 2020   September 30, 2020
                     
    Total Revenues     Percentage of   Total Revenues     Percentage of
    by Major     Total Company   by Major     Total Company
    Customers     Revenues   Customers     Revenues
Customer A   $ 1,862,667     33%   $ 5,596,089     34%
Customer B     1,065,400     19%     2,660,800     16%

 

    For the Three Months Ended   For the Nine Months Ended
    September 30, 2019   September 30, 2019
                     
    Total Revenues     Percentage of   Total Revenues     Percentage of
    by Major     Total Company   by Major     Total Company
    Customers     Revenues   Customers     Revenues
Customer A   $ 1,429,455     27%   $ 2,845,541     18%

 

Revenue from Customer A is attributable to Enertec. Revenue from Customer B is attributable to Microphase. Further, at September 30, 2020, MTIX represented all the Company’s accounts and other receivable, related party.