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Revenue: Disaggregation of Revenue (Tables)

6 Months Ended

Jun. 30, 2022

Location

Disaggregation of Revenue

	Fastener	Assembly Equipment	Consolidated
Three Months Ended June 30, 2022:
United States	$   6,796,779	$   932,468	$   7,729,247
Foreign	1,262,833	31,318	1,294,151
Total net sales	$   8,059,612	$   963,786	$   9,023,398
Three Months Ended June 30, 2021:
United States	$   5,851,657	$   1,208,150	$   7,059,807
Foreign	1,290,387	14,196	1,304,583
Total net sales	$   7,142,044	$   1,222,346	$   8,364,390
Six Months Ended June 30, 2022:
United States	$   13,556,908	$   1,936,618	$   15,493,526
Foreign	2,656,537	71,031	2,727,568
Total net sales	$   16,213,445	$   2,007,649	$   18,221,094
Six Months Ended June 30, 2021:
United States	$   12,289,509	$   2,338,510	$   14,628,019
Foreign	3,001,213	40,107	3,041,320
Total net sales	$   15,290,722	$   2,378,617	$   17,669,339

End Market

Disaggregation of Revenue

	Fastener	Assembly Equipment	Consolidated
Three Months Ended June 30, 2022:
Automotive	$     4,550,809	$         59,818	$     4,610,627
Non-automotive	3,508,803	903,968	4,412,771
Total net sales	$     8,059,612	$      963,786	$     9,023,398
Three Months Ended June 30, 2021:
Automotive	$     4,091,087	$         39,983	$     4,131,070
Non-automotive	3,050,957	1,182,363	4,233,320
Total net sales	$     7,142,044	$     1,222,346	$     8,364,390
Six Months Ended June 30, 2022:
Automotive	$    9,454,992	$         101,652	$   9,556,644
Non-automotive	6,758,453	1,905,997	8,664,450
Total net sales	$    16,213,445	$     2,007,649	$   18,221,094
Six Months Ended June 30, 2021:
Automotive	$     9,150,556	$         72,955	$   9,223,511
Non-automotive	6,140,166	2,305,662	8,445,828
Total net sales	$    15,290,722	$     2,378,617	$   17,669,339

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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 https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045

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