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BUSINESS SEGMENT
12 Months Ended
Dec. 31, 2020
BUSINESS SEGMENT  
BUSINESS SEGMENT

17.   BUSINESS SEGMENT

 

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

 

 

 

 

 

 

 

 

 

 

 

 

    

2020

    

2019

    

2018

U.S. sales

 

$

73,803,806

 

$

31,897,924

 

$

28,646,574

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

 

 

6,893,150

 

 

8,248,990

 

 

3,597,444

Other international sales

 

 

1,165,497

 

 

1,650,265

 

 

1,030,684

Total sales

 

$

81,862,453

 

$

41,797,179

 

$

33,274,702

 

 

 

 

 

 

 

 

 

 

Long-lived assets

 

 

2020

 

 

2019

 

 

 

U.S.

 

$

30,751,259

 

$

10,542,688

 

 

 

International

 

$

65,245

 

$

89,369

 

 

 

 

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.