Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.10.0.1
Segment Reporting (Tables)
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2018 and 2017 was as follows:
 
 
 
For the Three Months

Ended June 30,
 
 
For the Six Months

Ended 
June 30,
 
 
 
2018
 
 
2017
 
 
2018
 
 
2017
 
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
Fergco
 
$
1,718,409
 
 
$
1,378,061
 
 
$
3,025,328
 
 
$
2,676,832
 
SRM
 
 
2,668,788
 
 
 
3,156,909
 
 
 
4,793,199
 
 
 
5,719,914
 
Total segment and consolidated revenues
 
$
4,387,197
 
 
$
4,534,970
 
 
$
7,818,527
 
 
$
8,396,746
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Gross profit:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fergco
 
$
500,285
 
 
$
352,295
 
 
$
860,722
 
 
$
705,441
 
SRM
 
 
762,691
 
 
 
897,232
 
 
 
1,504,590
 
 
 
1,608,190
 
Total segment and consolidated gross profit
 
$
1,262,976
 
 
$
1,249,527
 
 
$
2,365,312
 
 
$
2,313,631
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) from operations:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fergco
 
$
83,664
 
 
$
(90,426
)
 
$
141,258
 
 
$
(65,738
)
SRM
 
 
660,637
 
 
 
684,729
 
 
 
1,207,890
 
 
 
1,216,326
 
Corporate
 
 
(1,139,763
)
 
 
-
 
 
 
(3,195,011
)
 
 
-
 
Total segment and consolidated (loss) income from operations
 
$
(395,462
)
 
$
594,303
 
 
$
(1,845,863
)
 
$
1,150,588
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and amortization:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fergco
 
$
27,767
 
 
$
34,086
 
 
$
55,534
 
 
$
68,172
 
SRM
 
 
11,864
 
 
 
17,381
 
 
 
23,728
 
 
 
34,762
 
Total segment depreciation and amortization
 
$
39,631
 
 
$
51,467
 
 
$
79,262
 
 
$
102,934
 
   
 
 
June 30,
 
 
December 
31,
 
 
 
2018
 
 
2017
 
Segment total assets:
 
 
 
 
 
 
 
 
Fergco
 
$
2,259,670
 
 
$
1,853,273
 
SRM
 
 
3,359,352
 
 
 
2,217,296
 
Corporate
 
 
4,019,748
 
 
 
258
 
Total segment and consolidated assets
 
$
9,638,770
 
 
$
4,070,827