Based on the way the Company manages its business, the Company has determined that it currently operates two reportable segments: 1) vehicle distribution and 2) vehicle logistics and transportation services. Our vehicle distribution segment consists of the distribution of powersports and automotive and is anchored on a proprietary supply chain and distribution software platform that is supported with our mobile-first web and application strategy. Our technology platform enables efficient preowned vehicle acquisition and distribution, which allows us to maximize inventory value and reduce inventory risk by penetrating the entire vehicle supply chain in a faster and more cost-efficient manner. Our agnostic acquisition approach creates instant liquidity for both consumers and dealers and provides increased control over our inventory, enabling us to adjust our inventory in response to unforeseen market dynamics while allowing us to make swift decisions to benefit sales volume and margins. Our vehicle logistics and transportation services were added on the Acquisition Date in connection with the Express Acquisition. Our vehicle logistics and transportation service segment provide nationwide automotive transportation services between dealerships and auctions. In the normal course of operations, our vehicle logistics and transportation services business provide transportation services to our vehicle distribution business, which is a related party. Billings for such services are based on negotiated rates, which approximates fair value, and are reflected as revenue of the billing segment. Revenue and cost of revenue for such services are eliminated in the condensed consolidated financial statements for the three-month and six-month periods ended June 30, 2019. Our Chief Executive Officer focuses on results in assessing operating performance and allocating resources for each of our segments. Furthermore, the Company offers similar products and services and uses similar processes to sell those products and services to similar classes of customers throughout the United States. Vehicle Distribution Vehicle Logistics and Transportation Eliminations Total Three Months Ended June 30, 2019 Total assets $ 159,944,256 $ 6,782,885 $ (27,778,983 ) $ 138,948,158 Revenue $ 264,162,016 $ 8,829,632 $ (2,811,744 ) $ 270,179,904 Operating income (loss) $ (10,250,189 ) $ 432,698 $ - $ (9,817,491 ) Depreciation and amortization $ 425,587 $ 1,851 $ - $ 427,438 Interest expense $ 1,874,710 $ 148 $ - $ 1,874,858 Three Months Ended June 30, 2018 Total assets $ 17,388,610 $ - $ - $ 17,388,610 Revenue $ 13,914,534 $ - $ - $ 13,914,534 Operating income (loss) $ (4,498,506 ) $ - $ - $ (4,498,506 ) Depreciation and amortization $ 217,827 $ - $ - $ 217,827 Interest expense $ 237,820 $ - $ - $ 237,820 Six Months Ended June 30, 2019 Total assets $ 159,944,256 $ 6,782,885 $ (27,778,983 ) $ 138,948,158 Revenue $ 481,998,363 $ 17,005,642 $ (5,646,342 ) $ 493,357,663 Operating income (loss) $ (17,627,751 ) $ 979,088 $ - $ (16,648,663 ) Depreciation and amortization $ 805,960 $ 3,703 $ - $ 809,663 Interest expense $ 3,319,843 $ 148 $ - $ 3,319,991 Six Months Ended June 30, 2018 Total assets $ 17,388,610 $ - $ - $ 17,388,610 Revenue $ 21,944,738 $ - $ - $ 21,944,738 Operating income (loss) $ (8,025,863 ) $ - $ - $ (8,025,863 ) Depreciation and amortization $ 423,595 $ - $ - $ 423,595 Interest expense $ 324,340 $ - $ - $ 324,340