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REVENUE DISAGGREGATION
 12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
REVENUE DISAGGREGATION

5. REVENUE DISAGGREGATION

 

The following tables summarize disaggregated customer contract revenues and the source of the revenue for the years ended December 31, 2023 and 2022. Revenues from lending and trading activities included in consolidated revenues were primarily interest, dividend and other investment income, which are not considered to be revenues from contracts with customers under GAAP.

 

The Company’s disaggregated revenues consisted of the following for the year ended December 31, 2023:

                                        
   Year ended December 31, 2023 
   GIGA   TurnOnGreen   Fintech   Sentinum   SMC   Energy   ROI   Total 
Primary Geographical Markets                                
 North America  $13,161,000   $3,879,000   $-   $34,523,000   $31,099,000   $49,431,000   $305,000   $132,398,000 
 Europe   8,351,000    29,000    -    -    238,000    666,000    -    9,394,000 
 Middle East and other   16,247,000    293,000    -    -    220,000    -    -    16,760,000 
 Revenue from contracts with customers   37,759,000    4,201,000    -    34,523,000    31,557,000    50,097,000    305,000    158,442,000 
 Revenue, lending and trading activities (North America)   -    -    (1,998,000)   -    -    -    -    (1,998,000)
 Total revenue  $37,759,000   $4,201,000   $(1,998,000)  $34,523,000   $31,557,000   $50,097,000   $305,000   $156,444,000 
                                         
 Major Goods or Services                                        
 Radio frequency/microwave filters  $8,196,000   $-   $-   $-   $-   $-   $-   $8,196,000 
 Power supply units and systems   8,973,000    4,201,000    -    -    -    -    -    13,174,000 
 Healthcare diagnostic systems   4,095,000    -    -    -    -    -    -    4,095,000 
 Defense systems   16,495,000    -    -    -    -    -    -    16,495,000 
 Digital currencies mining   -    -    -    33,107,000    -    -    -    33,107,000 
 Karaoke machines and related consumer goods   -    -    -    -    31,557,000    -    -    31,557,000 
 Crane rental   -    -    -    -    -    49,198,000    -    49,198,000 
 Other   -    -    -    1,416,000    -    899,000    305,000    2,620,000 
 Revenue from contracts with customers   37,759,000    4,201,000    -    34,523,000    31,557,000    50,097,000    305,000    158,442,000 
 Revenue, lending and trading activities   -    -    (1,998,000)   -    -    -    -    (1,998,000)
 Total revenue  $37,759,000   $4,201,000   $(1,998,000)  $34,523,000   $31,557,000   $50,097,000   $305,000   $156,444,000 
                                         
 Timing of Revenue Recognition                                        
 Goods transferred at a point in time  $20,647,000   $348,000   $-   $34,523,000   $31,557,000   $999,000   $305,000   $88,279,000 
 Services transferred over time   17,112,000    3,853,000    -    -    -    49,198,000    -    70,163,000 
 Revenue from contracts with customers  $37,759,000   $4,201,000   $-   $34,523,000   $31,557,000   $50,207,000   $305,000   $158,442,000 

 

The Company’s disaggregated revenues consisted of the following for the year ended December 31, 2022:

 

   Year ended December 31, 2022 
   GIGA   TurnOnGreen   Fintech   Sentinum   SMC   Energy   Total 
Primary Geographical Markets                            
North America  $7,317,000   $4,514,000   $239,000   $17,798,000   $23,217,000   $2,739,000   $55,824,000 
Europe   9,907,000    115,000    -    -    337,000    216,000    10,575,000 
Middle East and other   13,031,000    893,000    -    -    670,000    -    14,594,000 
Revenue from contracts with customers   30,255,000    5,522,000    239,000    17,798,000    24,224,000    2,955,000    80,993,000 
Revenue, lending and trading activities (North America)   -    -    36,644,000    -    -    -    36,644,000 
Total revenue  $30,255,000   $5,522,000   $36,883,000   $17,798,000   $24,224,000   $2,955,000   $117,637,000 
                                    
Major Goods or Services                                   
Radio frequency/microwave filters  $6,130,000   $-   $-   $-   $-   $-   $6,130,000 
Power supply units and systems   11,605,000    5,522,000    -    -    -    -    17,127,000 
Healthcare diagnostic systems   4,073,000    -    -    -    -    -    4,073,000 
Defense systems   8,447,000    -    -    -    -    -    8,447,000 
Digital currencies mining   -    -    -    16,693,000    -    -    16,693,000 
Karaoke machines and related consumer goods   -    -    -    -    24,224,000    -    24,224,000 
Crane rental   -    -    -    -    -    2,739,000    2,739,000 
Other   -    -    239,000    1,105,000    -    216,000    1,560,000 
Revenue from contracts with customers   30,255,000    5,522,000    239,000    17,798,000    24,224,000    2,955,000    80,993,000 
Revenue, lending and trading activities   -    -    36,644,000    -    -    -    36,644,000 
Total revenue  $30,255,000   $5,522,000   $36,883,000   $17,798,000   $24,224,000   $2,955,000   $117,637,000 
                                    
Timing of Revenue Recognition                                   
Goods transferred at a point in time  $18,430,000   $5,519,000   $239,000   $17,798,000   $24,224,000   $216,000   $66,426,000 
Services transferred over time   11,825,000    3,000    -    -    -    2,739,000    14,567,000 
Revenue from contracts with customers  $30,255,000   $5,522,000   $239,000   $17,798,000   $24,224,000   $2,955,000   $80,993,000