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BUSINESS SEGMENT
9 Months Ended
Sep. 30, 2020
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

 

Nine Months Ended

 

Nine Months Ended

 

    

September 30, 2020

    

September 30, 2019

    

September 30, 2020

    

September 30, 2019

U.S. sales (excluding HHS Order)

 

$

12,624,055

 

$

9,039,208

 

$

29,203,105

 

$

23,031,222

HHS Order sales to U.S. Government

 

 

12,898,080

 

 

 —

 

 

14,065,623

 

 

 —

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

 

 

1,295,530

 

 

2,432,734

 

 

5,985,820

 

 

4,960,486

Other international sales

 

 

273,399

 

 

167,644

 

 

612,578

 

 

1,176,242

Total sales

 

$

27,091,064

 

$

11,639,586

 

$

49,867,126

 

$

29,167,950

 

Long-lived assets by geography are as follows:

 

 

 

 

 

 

 

 

 

    

September 30, 2020

    

December 31, 2019

Long-lived assets

 

 

 

 

 

 

U.S.

 

$

19,413,966

 

$

10,542,688

International

 

 

71,276

 

 

89,369

Total

 

$

19,485,242

 

$

10,632,057