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REVENUE RECOGNITION

9 Months Ended

Sep. 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 September 30, 2024 and 2023 were as follows:

	For the three months ended
	September 30, 2024		September 30, 2023
Antimony product revenue	$	1,338,640	$	1,391,733
Zeolite product revenue		682,947		671,825
Precious metals product revenue		399,433		-
TOTAL REVENUES	$	2,421,020	$	2,063,558

Sales of products for the nine months ended September 30, 2024 and 2023 were as follows:

	For the nine months ended
	September 30, 2024		September 30, 2023
Antimony product revenue	$	5,381,803	$	4,356,077
Zeolite product revenue		2,280,338		1,941,009
Precious metals product revenue		404,049		242,433
TOTAL REVENUES	$	8,066,190	$	6,539,519

Domestic and foreign revenues for the three months ended September 30, 2024 and 2023 were as follows:

	For the three months ended
	September 30, 2024		September 30, 2023
Domestic revenues	$	1,897,120	$	1,541,870
Foreign revenues		523,900		521,688
TOTAL REVENUES	$	2,421,020	$	2,063,558

Domestic and foreign revenues for the nine months ended September 30, 2024 and 2023 were as follows:

	For the nine months ended
	September 30, 2024		September 30, 2023
Domestic revenues	$	6,346,717	$	5,126,304
Foreign revenues		1,719,473		1,413,215
TOTAL REVENUES	$	8,066,190	$	6,539,519

The Company’s trade accounts receivable balance related to contracts with customers was $791,557 at September 30, 2024 and $625,256 at December 31, 2023, net of an allowance for doubtful accounts related to trade accounts receivables of $240,466 and $271,212 at September 30, 2024 and December 31, 2023, respectively. The Company’s products do not involve any warranty agreements and product returns are not typical.