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SEGMENT AND CUSTOMERS INFORMATION
 9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
SEGMENT AND CUSTOMERS INFORMATION

21. SEGMENT AND CUSTOMERS INFORMATION

 

The Company had seven reportable segments as of September 30, 2022 and five as of September 30, 2021; 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 for the three and nine months ended September 30, 2022:

 

                                                                       
   Nine Months Ended September 30, 2022 
   GWW  

TurnOn

Green

   Ault
Alliance		   BNI   AGREE   Ault
Disruptive		   SMC   Holding
Company		   Total 
Revenue  $21,530,000   $3,853,000   $220,000   $-   $-   $-   $17,114,000   $-   $42,717,000 
Revenue, cryptocurrency mining   -    -    -    11,398,000    -    -    -    -    11,398,000 
Revenue, commercial real estate leases   -    -    -    822,000    -    -    -    -    822,000 
Revenue, lending and trading activities   -    -    32,224,000    -    -    -    -    -    32,224,000 
Revenue, hotel operations   -    -    -    -    12,809,000    -    -    -    12,809,000 
Total revenues  $21,530,000   $3,853,000   $32,444,000   $12,220,000   $12,809,000   $-   $17,114,000   $-   $99,970,000 
                                              
Depreciation and amortization expense  $1,259,000   $403,000   $240,000   $6,949,000   $2,487,000   $-   $166,000   $473,000   $11,977,000 
                                              
Income (loss) from operations  $(1,881,000)  $(2,577,000)  $4,212,000   $(6,138,000)  $149,000   $(1,100,000)  $597,000   $(19,262,000)  $(26,000,000)
                                              
Capital expenditures for the nine
months ended September 30, 2022		  $612,000   $176,000   $1,739,000   $77,299,000   $4,444,000   $-   $66,000   $164,000   $84,500,000 

 

                                                                       
   Three Months Ended September 30, 2022 
   GWW  

TurnOn

Green

   Ault
Alliance		   BNI   AGREE   Ault
Disruptive		   SMC   Holding
Company		   Total 
 Revenue  $7,781,000   $1,662,000   $201,000   $-   $-   $-   $17,114,000   $-   $26,758,000 
 Revenue, cryptocurrency mining   -    -    -    3,874,000    -    -    -    -    3,874,000 
 Revenue, commercial real estate leases   -    -    -    273,000    -    -    -    -    273,000 
 Revenue, lending and trading activities   -    -    13,360,000    -    -    -    -    -    13,360,000 
 Revenue, hotel operations   -    -    -    -    5,513,000    -    -    -    5,513,000 
 Total revenues  $7,781,000   $1,662,000   $13,561,000   $4,147,000   $5,513,000   $-   $17,114,000   $-   $49,778,000 
                                              
 Depreciation and amortization expense  $740,000   $393,000   $172,000   $2,809,000   $832,000   $-   $166,000   $(264,000)  $4,848,000 
                                              
 Income (loss) from operations  $(661,000)  $(957,000)  $3,786,000   $(2,321,000)  $1,697,000   $(314,000)  $597,000   $(5,138,000)  $(3,311,000)
                                              
 Capital expenditures for the three
months ended September 30, 2022		  $327,000   $51,000   $890,000   $5,915,000   $4,425,000   $-   $66,000   $47,000   $11,721,000 

 

AVLP, SMC and GIGA Segment Information

 

The AVLP and SMC acquisitions were completed in June 2022 and the GIGA acquisition was completed in September 2022. As of September 30, 2022, identifiable assets for AVLP, SMC and GIGA were $47.5 million, $40.0 million and $19.2 million, respectively.

 

Segment information for the three and nine months ended September 30, 2021:

 

                                                       
   Nine Months Ended September 30, 2021 
   GWW   TurnOnGreen   Ault
Alliance		   BNI   Ault
Disruptive		   Holding
Company		   Total 
Revenue  $19,198,000   $4,308,000   $236,000                  $23,742,000 
Revenue, cryptocurrency mining   -    -         693,000              693,000 
Revenue, commercial real estate leases   -    -         530,000              530,000 
Revenue, lending and trading activities   -    -    19,615,000                   19,615,000 
Revenue, hotel operations   -    -                        - 
Total revenues  $19,198,000   $4,308,000   $19,851,000   $1,223,000   $-   $-   $44,580,000 
                                    
Depreciation and amortization expense  $951,000   $69,000   $146,000   $250,000   $-   $297,000   $1,713,000 
                                    
Income (loss) from operations  $(766,000)  $(490,000)  $12,390,000   $(839,000)  $(331,000)  $(12,814,000)  $(2,850,000)
                                    
Capital expenditures for the nine
months ended September 30, 2021		  $686,000   $-   $-   $27,459,000   $-   $-   $28,145,000 

 

                                                       
   Three Months Ended September 30, 2021 
   GWW  

TurnOn

Green

   Ault
Alliance		   BNI   Ault
Disruptive		   Holding
Company		   Total 
Revenue  $6,373,000   $1,094,000   $110,000   $-   $-   $-   $7,577,000 
Revenue, cryptocurrency mining   -    -    -    272,000    -    -    272,000 
Revenue, commercial real estate leases   -    -    -    226,000    -    -    226,000 
Revenue, lending and trading activities   -    -    (38,869,000)   -    -    -    (38,869,000)
Revenue, hotel operations   -    -    -    -    -    -    - 
Total revenues  $6,373,000   $1,094,000   $(38,759,000)  $498,000   $-   $-   $(30,794,000)
                                    
Depreciation and amortization expense  $523,000   $56,000   $118,000   $98,000   $-   $281,000   $1,076,000 
                                    
Income (loss) from operations  $19,000   $(408,000)  $(41,390,000)  $(339,000)  $(143,000)  $(7,613,000)  $(49,874,000)
                                    
Capital expenditures for the three
months ended September 30, 2021		  $120,000   $-        $22,435,000   $-   $-   $22,555,000