XML 32 R20.htm IDEA: XBRL DOCUMENT v3.23.3

Concentrations	9 Months Ended
	Sep. 30, 2023
Risks and Uncertainties [Abstract]
Concentrations	ConcentrationsAs of September 30, 2023, six customers accounted for 79% of the Company’s total accounts receivable. As of December 31, 2022, 65% of the Company’s total accounts receivable balance was with three customers. During the three months ended September 30, 2023, 40% of the Company’s revenues were earned from two customers. During the three months ended September 30, 2022, 62% of the Company’s revenues were earned from four customers. During the nine months ended September 30, 2023, 41% of the Company’s revenues were earned from two customers. During the nine months ended September 30, 2022, 65% of the Company’s revenues were earned from four customers. As of September 30, 2023, one vendor accounted for 14% of the Company’s accounts payable. As of December 31, 2022, one vendor accounted for 17% of the Company’s accounts payable. During the three months ended September 30, 2023, one supplier accounted for 21% of the Company’s cost of goods sold. During the three months ended September 30, 2022, two suppliers accounted for 37% of the Company’s cost of goods sold. During the nine months ended September 30, 2023, two suppliers accounted for 33% of the Company’s cost of goods sold. During the nine months ended September 30, 2022, two suppliers accounted for 33% of the Company’s cost of goods sold. The Company’s primary product is Northern White sand and its mining operations are limited to Wisconsin and Illinois. There is a risk of loss if there are significant environmental, legal or economic changes to these geographic areas of our mines, the oil and natural gas producing basins they serve, or the transportation routes between them.

X

- Definition

The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 275
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//275/tableOfContent

+ Details

Name:	us-gaap_ConcentrationRiskDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RisksAndUncertaintiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration