v3.25.1
REVENUE DISAGGREGATION
 3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
REVENUE DISAGGREGATION

6. REVENUE DISAGGREGATION

 

The following tables summarize disaggregated customer contract revenues and the source of the revenue for the three months ended March 31, 2025 and 2024. 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. Revenue is presented by reportable segment. The “Holding Co.” column includes revenue that is not allocated to a specific reportable segment but is generated within the holding company entity. While not a separate reportable segment, Holding Co. is included in the table below to reconcile to total consolidated revenue.

 

The Company’s disaggregated revenues consisted of the following for the three months ended March 31, 2025:

                                        
   TurnOnGreen   Fintech   Sentinum   AGREE   Energy   ROI   Holding Co.   Total 
Primary Geographical Markets                                        
North America  $1,528,000   $-   $5,714,000   $3,149,000   $13,769,000   $(1,000)  $797,000   $24,956,000 
Europe   6,000    -    -    -    29,000    -    -    35,000 
Middle East and other   58,000    -    -    -    -    -    -    58,000 
Revenue from contracts with customers   1,592,000    -    5,714,000    3,149,000    13,798,000    (1,000)   797,000    25,049,000 
Revenue, lending and trading activities (North America)   -    (28,000)   -    -    -    -    -    (28,000)
Total revenue  $1,592,000   $(28,000)  $5,714,000   $3,149,000   $13,798,000   $(1,000)  $797,000   $25,021,000 
                                         
Major Goods or Services                                        
Power supply units and systems  $1,592,000   $-   $-   $-   $-   $-   $-   $1,592,000 
Revenue from mined crypto assets at Sentinum owned and
operated facilities		   -    -    5,198,000    -    -    -    -    5,198,000 
Hotel and real estate operations   -    -    516,000    3,149,000    -    -    -    3,665,000 
Crane rental   -    -    -    -    13,769,000    -    -    13,769,000 
Other   -    -    -    -    29,000    (1,000)   797,000    825,000 
Revenue from contracts with customers   1,592,000    -    5,714,000    3,149,000    13,798,000    (1,000)   797,000    25,049,000 
Revenue, lending and trading activities   -    (28,000)   -    -    -    -    -    (28,000)
Total revenue  $1,592,000   $(28,000)  $5,714,000   $3,149,000   $13,798,000   $(1,000)  $797,000   $25,021,000 
                                         
Timing of Revenue Recognition                                        
Goods and services transferred at a point in time  $1,592,000   $-   $5,714,000   $3,149,000   $29,000   $(1,000)  $797,000   $11,280,000 
Services transferred over time   -    -    -    -    13,769,000    -    -    13,769,000 
Revenue from contracts with customers  $1,592,000   $-   $5,714,000   $3,149,000   $13,798,000   $(1,000)  $797,000   $25,049,000 

 

The Company’s disaggregated revenues consisted of the following for the three months ended March 31, 2024:

 

   TurnOnGreen   Fintech   Sentinum   AGREE   Energy   ROI   Holding Co.   Total 
Primary Geographical Markets                                        
North America  $1,157,000   $-   $11,749,000   $3,006,000   $12,918,000   $28,000   $301,000   $29,159,000 
Europe   4,000    -    -    -    39,000    -    -    43,000 
Middle East and other   64,000    -    -    -    -    -    -    64,000 
Revenue from contracts with customers   1,225,000    -    11,749,000    3,006,000    12,957,000    28,000    301,000    29,266,000 
Revenue, lending and trading activities (North America)   -    9,099,000    -    -    -    -    -    9,099,000 
Total revenue  $1,225,000   $9,099,000   $11,749,000   $3,006,000   $12,957,000   $28,000   $301,000   $38,365,000 
                                         
Major Goods or Services                                        
Power supply units and systems  $1,225,000   $-   $-   $-   $-   $-   $-   $1,225,000 
Revenue from mined crypto assets at Sentinum owned and
operated facilities		   -    -    8,862,000    -    -    -    -    8,862,000 
Revenue from Sentinum crypto mining equipment hosted at third-party facilities   -    -    2,585,000    -    -    -    -    2,585,000 
Hotel and real estate operations   -    -    302,000    3,006,000    -    -    -    3,308,000 
Crane rental   -    -    -    -    12,918,000    -    -    12,918,000 
Other   -    -    -    -    39,000    28,000    301,000    368,000 
Revenue from contracts with customers   1,225,000    -    11,749,000    3,006,000    12,957,000    28,000    301,000    29,266,000 
Revenue, lending and trading activities   -    9,099,000    -    -    -    -    -    9,099,000 
Total revenue  $1,225,000   $9,099,000   $11,749,000   $3,006,000   $12,957,000   $28,000   $301,000   $38,365,000 
                                         
Timing of Revenue Recognition                                        
Goods and services transferred at a point in time  $1,215,000   $-   $11,749,000   $3,006,000   $39,000   $28,000   $301,000   $16,338,000 
Services transferred over time   10,000    -    -    -    12,918,000    -    -    12,928,000 
Revenue from contracts with customers  $1,225,000   $-   $11,749,000   $3,006,000   $12,957,000   $28,000   $301,000   $29,266,000