XML 39 R11.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

INVENTORIES | 12 Months Ended
--- | ---
Dec. 31, 2023
INVENTORIES |
INVENTORIES | NOTE 5 – INVENTORIES Inventories by type at December 31, 2023 and 2022 were as follows:
|  | December 31, |  |  | December 31, |
|  | 2023 |  |  | 2022 |
Antimony oxide |  | $ | 354,431 |  |  | $ | 142,230 |
Antimony metal |  |  | 454,748 |  |  |  | 509,643 |
Antimony ore and concentrates |  |  | 71,884 |  |  |  | 545,373 |
Total antimony inventory |  | $ | 881,063 |  |  | $ | 1,197,246 |
Zeolite |  |  | 505,046 |  |  |  | 177,822 |
TOTAL INVENTORIES |  | $ | 1,386,109 |  |  | $ | 1,375,068 |
As of December 31, 2023 and 2022, inventories were valued at cost except for the portion of the inventory related to our Mexico Antimony Segment operations, which was valued at net realizable value because the cost of our Mexico inventory was greater than the amount the Company expected to receive upon the sale of the inventory. The adjustment to inventory to net realizable value was $2,073,404 and $277,146 for the years ended December 31, 2023 and 2022, respectively. Antimony oxide and metal inventory consisted of finished product held at the Company’s plants in Montana and Mexico. Antimony concentrates and ore were held primarily at sites in Mexico. The Company’s zeolite inventory consists primarily of saleable zeolite material in Idaho.

X
- References No definition available. + Details
Name: | us-gaap_InventoryDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 330 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//330/tableOfContent + Details
Name: | us-gaap_InventoryDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration