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REVENUE RECOGNITION

6 Months Ended

Jun. 30, 2025

NOTE 5 – REVENUE RECOGNITION

The Company’s 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 by product type for the three and six months ended June 30, 2025 and 2024 were as follows:

	Three months ended June 30,				Six months ended June 30,
	2025		2024		2025			2024
Antimony	$	9,636,842	$	2,663,975	$	15,562,690		$	5,133,037
Zeolite		888,281		994,386		1,982,977			1,597,391
Precious metals		-		4,616		(20,539	)		4,616
Total revenues	$	10,525,123	$	3,662,977	$	17,525,128		$	6,735,044

Domestic and foreign revenues for the three and six months ended June 30, 2025 and 2024 were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Domestic	$	10,344,931	$	2,796,962	$	17,246,258	$	5,318,413
Canada		180,192		644,957		278,870		1,195,573
Mexico		-		221,058		-		221,058
Total revenues	$	10,525,123	$	3,662,977	$	17,525,128	$	6,735,044

The Company’s trade accounts receivable balance related to contracts with customers was $2,543,413 at June 30, 2025 and $1,156,564 at December 31, 2024, which is net of an allowance for credit losses of $11,049 and $10,165 at June 30, 2025 and December 31, 2024, respectively. The Company’s products do not involve any warranty agreements and product returns are not typical.