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Revenue
 6 Months Ended
Jun. 30, 2023
Revenue [Abstract]  
REVENUE

14. REVENUE

 

We primarily offer the First DefenseÒ product line to dairy and beef producers to prevent scours in newborn calves. Generally, our products are promoted to veterinarians as well as dairy and beef producers by our sales team and then sold through distributors. Our primary market is North America. We do sell into select international regions and may expand this international reach in the future. There were no material changes between the allocation and timing of revenue recognition during the six-month periods ended June 30, 2023 or 2022. We do not have any contract assets for which we have satisfied the performance obligations, but do not yet have the right to bill for, or contract liabilities such as customer advances. All trade receivables on our balance sheet are from contracts with customers. We incur no material costs to obtain contracts.

 

The following table presents our product sales disaggregated by geographic area:

 

   During the Three-Month Periods Ended June 30,   During the Six-Month Periods Ended June 30, 
   2023   %   2022   %   2023   %   2022   % 
United States  $3,254,266    92%  $3,561,316    92%  $6,250,420    90%  $9,077,065    92%
Other   278,415    8%   300,056    8%   728,787    10%   783,991    8%
Total Product Sales  $3,532,681    100%  $3,861,372    100%  $6,979,207    100%  $9,861,056    100%

 

The following table present our product sales disaggregated by major product category:

 

   During the Three-Month Periods Ended June 30,   During the Six-Month Periods Ended June 30, 
   2023   %   2022   %   2023   %   2022   % 

First Defense® product line

  $3,482,259    99%  $3,823,466    99%  $6,893,491    99%  $9,786,340    99%
Other animal health   50,422    1%   37,906    1%   85,716    1%   74,716    1%
Total Product Sales  $3,532,681    100%  $3,861,372    100%  $6,979,207    100%  $9,861,056    100%

 

The following tables present our product sales disaggregated by geographic area:

 

   During the Years Ended December 31, 
   2022   %   2021   % 
United States  $17,020,797    92%  $16,620,363    86%
Other   1,547,165    8%   2,622,606    14%
Total Product Sales  $18,567,962    100%  $19,242,969    100%

 

The following tables present our product sales disaggregated by major product category:

 

   During the Years Ended December 31, 
   2022   %   2021   % 

First Defense® product line

  $18,411,949    99%  $18,933,092    98%
Other animal health   156,013    1%   309,877    2%
Total Product Sales  $18,567,962    100%  $19,242,969    100%