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REVENUE RECOGNITION

6 Months Ended

Jun. 30, 2024

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.