Quarterly report pursuant to Section 13 or 15(d)

REVENUE (Tables)

v3.19.2
REVENUE (Tables)
 6 Months Ended
Jun. 30, 2019
Revenue from Contract with Customer [Abstract]  
Schedule of disaggregation of revenue

Disaggregation of Revenue

 

    Three months ended June 30, 2019  
    Industrial Cleaning     Environmental Solutions     Solid Waste     Total  
Sources of Revenue                                
Industrial cleaning services   $ 505,200     $ —     $ —     $ 505,200  
Product sales     —       759,000       —       759,000  
Media sales     —       131,600       —       131,600  
Licensing fees     —       —       8,200       8,200  
Operating fees     —       —       7,100       7,100  
Management fees     —       —       50,000       50,000  
Total Revenue   $ 505,200     $ 890,600     $ 65,300     $ 1,461,100  

 

    Three months ended June 30, 2018  
    Industrial Cleaning     Environmental Solutions     Solid Waste     Total  
Sources of Revenue                                
Industrial cleaning services   $ 219,500     $ —     $ —     $ 219,500  
Mobile rail car cleaning services     577,300       —       —       577,300  
Product sales     —       716,200       —       716,200  
Media sales     —       827,500       —       827,500  
Licensing fees     —       —       33,700       33,700  
Operating fees     —       —       4,300       4,300  
Management fees     —       —       50,000       50,000  
Total Revenue   $ 796,800     $ 1,543,700     $ 88,000     $ 2,428,500  

 

    Six months ended June 30, 2019  
    Industrial Cleaning     Environmental Solutions     Solid Waste     Total  
Sources of Revenue                                
Industrial cleaning services   $ 727,400     $ —     $ —     $ 727,400  
Product sales     —       1,646,400       —       1,646,400  
Media sales     —       332,300       —       332,300  
Licensing fees     —       —       33,500       33,500  
Operating fees     —       —       13,900       13,900  
Management fees     —       —       100,000       100,000  
Total Revenue   $ 727,400     $ 1,979,700     $ 147,400     $ 2,853,500  

 

    Six months ended June 30, 2018  
    Industrial Cleaning     Environmental Solutions     Solid Waste     Total  
Sources of Revenue                                
Industrial cleaning services   $ 1,390,000     $ —     $ —     $ 1,390,000  
Product sales     —       2,888,100       —       2,888,100  
Media sales     —       663,400       —       663,400  
Licensing fees     —       —       94,300       94,300  
Management fees     —       —       49,600       49,600  
Total Revenue   $ 1,390,000     $ 3,551,500     $ 143,900     $ 5,085,400  

 
Schedule of contract balances

The opening and closing balances of the Company’s accounts receivables and contract liabilities (current and non-current) are as follows:

 

            Contract Liabilities  
    Accounts Receivable, net     Revenue Contract Liabilities      Deferred Revenue
(current)		     Deferred Revenue 
(non-current)		  
Balance as of June 30, 2019   $ 513,500     $ 92,300     $ 32,900     $ 46,700  
                                 
Balance as of December 31, 2018     1,063,500       470,200       191,500       63,200  
                                 
Increase (decrease)   $ (550,000 )   $ (377,900 )   $ (158,600 )   $ (16.500 )