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BUSINESS SEGMENT
3 Months Ended
Mar. 31, 2019
BUSINESS SEGMENT  
BUSINESS SEGMENT

9.     BUSINESS SEGMENT

 

The Company does not operate in separate reportable segments. 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. 

 

Revenues by geography are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

Three Months
Ended

 

Three Months
Ended

 

 

 

    

March 31, 2019

    

March 31, 2018

 

 

U.S. sales

 

$

6,139,911

 

$

6,596,980

 

 

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

 

 

1,335,370

 

 

1,031,411

 

 

Other international sales

 

 

457,193

 

 

44,410

 

 

Total sales

 

$

7,932,474

 

$

7,672,801

 

 

 

Long-lived assets by geography are as follows:

 

 

 

 

 

 

 

 

 

    

March 31, 2019

    

December 31, 2018

Long-lived assets

 

 

 

 

 

 

U.S.

 

$

10,560,437

 

$

10,738,253

International

 

 

107,463

 

 

113,494

Total

 

$

10,667,900

 

$

10,851,747