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BUSINESS SEGMENTS
 12 Months Ended
Dec. 31, 2017
BUSINESS SEGMENTS  
BUSINESS SEGMENTS

 

16.     BUSINESS SEGMENTS

 

The following is a summary of the Company’s sales and long-lived assets by geography:

 

 

 

2017

 

2016

 

2015

 

U.S. sales

 

$
27,015,712

 

$
26,308,246

 

$
23,029,976

 

North and South America sales (excluding U.S.)

 
6,380,745

 
2,741,518

 
5,668,785

 

Other international sales

 
1,097,381

 
776,872

 
853,439

 

 

 

 

 

 

 

 

 

Total sales

 

$
34,493,838

 

$
29,826,636

 

$
29,552,200

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-lived assets

 

 

 

 

 

 

 

U.S.

 

$
11,215,583

 

$
11,930,293

 

$
11,282,192

 

International

 

$
137,619

 

$
161,744

 

$
185,869

 

 

The Company does not operate in separate reportable segments.  The Company has minimal long-lived assets in foreign countries.  Shipments to international customers generally require a prepayment either by wire transfer or an irrevocable confirmed letter of credit.  The Company does extend credit to international customers on some occasions depending upon certain criteria, including, but not limited to, the credit worthiness of the customer, the stability of the country, banking restrictions, and the size of the order.  All transactions are in U.S. currency.