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SEGMENTED INFORMATION | 6 Months Ended
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Jun. 30, 2025
SEGMENTED INFORMATION | 18. SEGMENTED INFORMATION The Company reviews its segment reporting to ensure it reflects the operational structure of the Company and enables the Company's Chief Operating Decision Maker (the Company’s CEO) to review operating segment performance. We have determined that each producing mine represents an operating segment, of which there is one as of June 30, 2025. The Company’s revenues for the six months ended June 30, 2025 of $40,641 (June 30, 2024 - $27,180) are all attributable to Mexico, from shipments of concentrate produced by the Avino Mine, and is considered to be one single reportable operating segment. On the consolidated statements of operations, the Company had revenue from the following product mixes:
|  | Three months ended June 30, |  |  | Six months ended June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Silver |  | $ | 9,048 |  |  | $ | 6,748 |  |  | $ | 15,948 |  |  | $ | 11,784 |
Copper |  |  | 7,275 |  |  |  | 5,926 |  |  |  | 14,335 |  |  |  | 11,832 |
Gold |  |  | 6,741 |  |  |  | 3,502 |  |  |  | 13,117 |  |  |  | 6,535 |
Penalties, treatment costs and refining charges |  |  | (1,259 | ) |  |  | (1,389 | ) |  |  | (2,759 | ) |  |  | (2,971 | )
Total revenue from mining operations |  | $ | 21,805 |  |  | $ | 14,787 |  |  | $ | 40,641 |  |  | $ | 27,180 |
For the three and six months ended June 30, 2025 and 2024, the Company had the following customers that accounted for total revenues as follows:
|  | Three months ended June 30, |  |  | Six months ended June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Customer #1 |  | $ | 19,791 |  |  | $ | 12,691 |  |  | $ | 37,484 |  |  | $ | 21,287 |
Customer #2 |  |  | 2,014 |  |  |  | 437 |  |  |  | 3,157 |  |  |  | 450 |
Other customers |  |  | - |  |  |  | 1,659 |  |  |  | - |  |  |  | 5,443 |
Total revenue from mining operations |  | $ | 21,805 |  |  | $ | 14,787 |  |  | $ | 40,641 |  |  | $ | 27,180 |
Geographical information relating to the Company’s non-current assets (other than financial instruments) is as follows:
|  | June 30, 2025 |  |  | December 31, 2024 |
Exploration and evaluation assets - Mexico |  | $ | 16,129 |  |  | $ | 52,890 |
Exploration and evaluation assets - Canada |  |  | - |  |  |  | - |
Total exploration and evaluation assets |  | $ | 16,129 |  |  | $ | 52,890 |
|  | June 30, 2025 |  |  | December 31, 2024 |
Plant, equipment, and mining properties - Mexico |  | $ | 95,193 |  |  | $ | 53,400 |
Plant, equipment, and mining properties - Canada |  |  | 373 |  |  |  | 401 |
Total plant, equipment, and mining properties |  | $ | 95,566 |  |  | $ | 53,801 |

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