Quarterly report pursuant to Section 13 or 15(d)

SEGMENT INFORMATION AND MAJOR CUSTOMERS (Tables)

v3.22.2.2
SEGMENT INFORMATION AND MAJOR CUSTOMERS (Tables)
 6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
SCHEDULE OF SEGMENT INFORMATION

Segment information for the three and six months ended June 30, 2022 (unaudited), and 2021 is as follows:

 

                                 
Three Months ended June 30,   Environmental     Solid              
2022   Solutions     Waste     Corporate     Total  
Revenue   $ 1,070,200     $ 50,000     $ -     $ 1,120,200  
Depreciation and amortization (1)    

21,200

       9,600       (2,100 )     28,700  
Interest expense     1,200       -       187,900       189,100  
Stock-based compensation     -       -       -       -  
Net income (loss)     22,000       (35,900 )     (527,400 )     (541,300 )
Capital expenditures (cash and noncash)     3,500       -       -       3,500  
Total assets   $ 1,421,300     $ 299,200     $ 428,000     $ 2,148,500  

 

                                 
  Environmental     Solid              
2021   Solutions     Waste     Corporate     Total  
Revenue   $ 862,700     $ 58,300     $ -     $ 921,000  
Depreciation and amortization (1)     17,100       8,500       9,000       34,600  
Interest expense     1,300       -       179,600       180,900  
Stock-based compensation     -       -       4,800       4,800  
Net income (loss)(2)     (102,100 )     (55,500 )     (482,200 )     (639,800 )
Capital expenditures (cash and noncash)     -       -       -       -  
Total assets   $ 1,395,800     $ 331,800     $ 618,200     $ 2,345,800  

 

                                 
Six months ended June 30,   Environmental     Solid              
2022   Solutions     Waste     Corporate     Total  
Revenue   $ 1,930,100     $ 100,000     $ -     $ 2,030,100  
Depreciation and amortization (1)     32,200       17,000       9,800       59,000  
Interest expense     2,500       4,100       373,200       379,800  
Stock-based compensation     -       -       -       -  
Net income (loss)     58,500       (41,800 )     (948,700 )     (932,000 )
Capital expenditures (cash and noncash)     31,800       -       -       31,800  
Total assets   $ 1,421,300     $ 299,200     $ 428,000     $ 2,148,500  

 

                                 
2021   Environmental     Solid              
    Solutions     Waste     Corporate     Total  
Revenue   $ 1,548,700     $ 116,500     $ -     $ 1,665,200  
Depreciation and amortization (1)     34,300       17,000       17,900       69,200  
Interest expense     2,700       -       372,400       375,100  
Stock-based compensation     -       -       9,500       9,500  
Net income (loss) (2)     36,100       (77,800 )     (928,600 )     (970,300 )
Capital expenditures (cash and noncash)     -       -       -       -  
Total assets   $ 1,395,800     $ 331,800     $ 618,200     $ 2,345,800  

 

(1) Includes depreciation of property, equipment, and leasehold improvements and amortization of intangibles.
(2) The environmental solutions segment contains the total net income (loss) from discontinued operations of REGS.