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REVENUE RECOGNITION | 6 Months Ended
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Jun. 30, 2024
REVENUE RECOGNITION |
REVENUE RECOGNITION | NOTE 4 – REVENUE RECOGNITION Products consist of the following:
| · | Antimony: includes antimony oxide, antimony metal, antimony trisulfide.
| · | Zeolite: includes coarse and fine zeolite crushed in various sizes.
| · | Precious metals: includes unrefined and refined gold and silver.
Sales of products for the three months ended June 30, 2024 and 2023 were as follows:
|  | For the three months ended |
|  | June 30, 2024 |  |  | June 30, 2023 |
Antimony product revenue |  | $ | 1,814,778 |  |  | $ | 1,351,705 |
Zeolite product revenue |  |  | 994,386 |  |  |  | 787,091 |
Precious metals product revenue |  |  | 4,616 |  |  |  | 126,321 |
TOTAL REVENUES |  | $ | 2,813,780 |  |  | $ | 2,265,117 |
Sales of products for the six months ended June 30, 2024 and 2023 were as follows:
|  | For the six months ended |
|  | June 30, 2024 |  |  | June 30, 2023 |
Antimony product revenue |  | $ | 4,043,163 |  |  | $ | 2,964,344 |
Zeolite product revenue |  |  | 1,597,391 |  |  |  | 1,269,184 |
Precious metals product revenue |  |  | 4,616 |  |  |  | 242,433 |
TOTAL REVENUES |  | $ | 5,645,170 |  |  | $ | 4,475,961 |
Domestic and foreign revenues for the three months ended June 30, 2024 and 2023 were as follows:
|  | For the three months ended |
|  | June 30, 2024 |  |  | June 30, 2023 |
Domestic revenues |  | $ | 2,168,823 |  |  | $ | 1,814,987 |
Foreign revenues |  |  | 644,957 |  |  |  | 450,130 |
TOTAL REVENUES |  | $ | 2,813,780 |  |  | $ | 2,265,117 |
Domestic and foreign revenues for the six months ended June 30, 2024 and 2023 were as follows:
|  | For the six months ended |
|  | June 30, 2024 |  |  | June 30, 2023 |
Domestic revenues |  | $ | 4,449,597 |  |  | $ | 3,584,434 |
Foreign revenues |  |  | 1,195,573 |  |  |  | 891,527 |
TOTAL REVENUES |  | $ | 5,645,170 |  |  | $ | 4,475,961 |
The Company’s trade accounts receivable balance related to contracts with customers was $1,393,760 at June 30, 2024 and $625,256 at December 31, 2023, net of an allowance for doubtful accounts related to trade accounts receivables of $256,955 and $271,212 at June 30, 2024 and December 31, 2023, respectively. The Company’s products do not involve any warranty agreements and product returns are not typical.

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