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BUSINESS SEGMENT
3 Months Ended
Mar. 31, 2022
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, 2022

    

March 31, 2021

U.S. sales (excluding U.S. government)

$

10,212,842

$

10,961,191

Sales to U.S. government

15,731,136

37,782,360

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

 

11,077,128

 

947,228

Other international sales

 

7,721,244

 

382,946

Total sales

$

44,742,350

$

50,073,725

Long-lived assets by geography are as follows:

    

March 31, 2022

    

December 31, 2021

Long-lived assets

U.S.

$

87,678,525

$

83,695,991

International

4,519,326

4,229,660

Total

$

92,197,851

$

87,925,651