Pure Cycle Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)

9 Months Ended

May 31, 2019

The following table summarizes wholesale water and wastewater services and land development revenue information by segment:

	Three Months Ended May 31,				Nine Months Ended May 31,
	2019		2018		2019		2018
Wholesale water and wastewater services	$	2,476,570	$	1,212,119	$	4,851,961	$	3,066,911
Land development activities		2,708,093		—		6,035,670		-
Total revenues	$	5,184,663	$	1,212,119	$	10,887,631	$	3,066,911

The following table summarizes wholesale water and wastewater services and land development pretax income by segment:

	Three Months Ended May 31,						Nine Months Ended May 31,
	2019			2018			2019			2018
Wholesale water and wastewater services	$	1,802,340		$	617,077		$	3,222,922		$	1,697,279
Land development activities		120,021			—			319,676			-
Corporate		(660,990	)		(562,476	)		(1,743,280	)		(1,639,126	)
Total pretax income (loss)	$	1,261,371		$	54,601		$	1,799,318		$	58,153

The following table summarizes total assets for the Company’s wholesale water and wastewater services business and land development business by segment. The assets consist of water rights and water and wastewater systems in the Company’s wholesale water and wastewater services segment. The assets consist of land, inventories and deposits in the Company’s land development segment. The Company’s other assets primarily consist of cash and cash equivalents, equipment, mineral rights, related party notes receivables and a deferred tax asset.

	May 31, 2019		August 31, 2018
Wholesale water and wastewater services	$	43,614,590	$	36,721,884
Land development activities		18,477,341		9,497,106
Corporate		14,748,041		25,687,625
Total assets	$	76,839,973	$	71,906,615