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6 - Segment Information: Disaggregation of Revenue (Tables)

12 Months Ended

Dec. 31, 2019

Location

Disaggregation of Revenue

	Fastener	Assembly Equipment	Consolidated
Year Ended December 31, 2019:
United States	$  24,626,317	$       3,599,855	$   28,226,172
Foreign	4,363,350	283,480	4,646,830
Total net sales	$  28,989,667	$     3,883,335	$   32,873,002
Year Ended December 31, 2018:
United States	$  29,470,140	$       3,260,683	$   32,730,823
Foreign	4,242,318	201,108	4,443,426
Total net sales	$  33,712,458	$     3,461,791	$   37,174,249

End Market

Disaggregation of Revenue

	Fastener	Assembly Equipment	Consolidated
Year Ended December 31, 2019:
Automotive	$  18,518,987	$        193,517	$   18,712,504
Non-automotive	10,470,680	3,689,818	14,160,498
Total net sales	$  28,989,667	$     3,883,335	$   32,873,002
Year Ended December 31, 2018:
Automotive	$  22,215,719	$        237,565	$   22,453,284
Non-automotive	11,496,739	3,224,226	14,720,965
Total net sales	$  33,712,458	$     3,461,791	$   37,174,249

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130545-203045

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