Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.8.0.1
Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Segment information available with respect to these reportable business segments for the three months ended March 31, 2018 and 2017 was as follows:
 
 
 
For the Three Months Ended
March 31,
 
 
 
2018
 
2017
 
Revenues:
 
 
 
 
 
 
 
Fergco
 
$
1,306,919
 
$
1,298,771
 
SRM
 
 
2,124,411
 
 
2,563,005
 
Total segment and consolidated revenues
 
$
3,431,330
 
$
3,861,776
 
 
 
 
 
 
 
 
 
Gross profit:
 
 
 
 
 
 
 
Fergco
 
$
360,437
 
$
353,146
 
SRM
 
 
741,899
 
 
710,958
 
Total segment and consolidated gross profit
 
$
1,102,336
 
$
1,064,104
 
 
 
 
 
 
 
 
 
Income (loss) from operations:
 
 
 
 
 
 
 
Fergco
 
$
57,594
 
$
24,688
 
SRM
 
 
547,253
 
 
531,597
 
Corporate
 
 
(2,055,248)
 
 
-
 
Total segment and consolidated income (loss) from operations
 
$
(1,450,401)
 
$
556,285
 
 
 
 
 
 
 
 
 
Depreciation and amortization:
 
 
 
 
 
 
 
Fergco
 
$
27,767
 
$
34,086
 
SRM
 
 
11,864
 
 
17,381
 
Total segment depreciation and amortization
 
$
39,631
 
$
51,467
 
 
 
 
March 31,
 
December 31,
 
 
 
2018
 
2017
 
Segment total assets:
 
 
 
 
 
 
 
Fergco
 
$
1,893,586
 
$
1,853,273
 
SRM
 
 
3,035,398
 
 
2,217,296
 
Corporate
 
 
491,457
 
 
258
 
Total segment and consolidated assets
 
$
5,420,441
 
$
4,070,827