XML 19 R2.htm IDEA: XBRL DOCUMENT v3.24.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 42,621,898 $ 50,711,751
Accounts receivable, net 38,226,891 27,046,182
Inventory 6,044,642 5,727,842
Prepaid expenses and other current assets 4,056,370 5,643,279
Contract assets 21,553,057 2,913,722
Current assets of discontinued operations 211,517 531,480
Total current assets 112,714,375 92,574,256
Property, plant and equipment, net 55,882,521 52,529,545
Construction in progress 495,471 3,705,681
Inventory, noncurrent 5,045,771 4,550,987
Investment in OC-BVI 1,412,158 1,545,430
Goodwill 12,861,404 10,425,013
Intangible assets, net 3,353,185 2,818,888
Operating lease right-of-use assets 2,135,446 2,058,384
Other assets 3,407,973 1,669,377
Long-term assets of discontinued operations 21,129,288 21,129,288
Total assets 218,437,592 193,006,849
Current liabilities    
Accounts payable, accrued expenses and other current liabilities 11,604,369 8,438,315
Accounts payable - related parties 0 403,839
Accrued compensation 3,160,030 2,267,583
Dividends payable 1,572,655 1,375,403
Current maturities of operating leases 456,865 546,851
Current portion of long-term debt 192,034 114,964
Contract liabilities 6,237,011 8,803,921
Deferred revenue 317,017 315,825
Current liabilities of discontinued operations 364,665 389,884
Total current liabilities 23,904,646 22,656,585
Long-term debt, noncurrent 191,190 216,117
Deferred tax liabilities 530,780 560,306
Noncurrent operating leases 1,827,302 1,590,542
Other liabilities 153,000 219,110
Total liabilities 26,606,918 25,242,660
Commitments and contingencies
Consolidated Water Co. Ltd. stockholders' equity    
Redeemable preferred stock, $0.60 par value. Authorized 200,000 shares; issued and outstanding 44,297 and 34,383 shares, respectively 26,578 20,630
Additional paid-in capital 92,188,887 89,205,159
Retained earnings 85,148,820 61,247,699
Total Consolidated Water Co. Ltd. stockholders' equity 186,827,212 159,667,213
Non-controlling interests 5,003,462 8,096,976
Total equity 191,830,674 167,764,189
Total liabilities and equity 218,437,592 193,006,849
Common Class A [Member]    
Consolidated Water Co. Ltd. stockholders' equity    
Common stock value 9,462,927 9,193,725
Common Class B [Member]    
Consolidated Water Co. Ltd. stockholders' equity    
Common stock value $ 0 $ 0