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BUSINESS SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Three-Month Period Ended June 30, 2021		Bromine*				Crude  Salt*				Chemical  Products				Natural Gas				Segment  Total				Corporate				Total
Net revenue (external customers)		$	10,025,438			$	1,122,570			$	—			$	—			$	11,148,008			$	—			$	11,148,008
Net revenue (intersegment)			—				—				—				—				—				—				—
Income(loss) from operations before income tax benefit			2,682,233				(578,435	)			(741,312	)			(62,850	)			1,299,636				(3,682,445	)			(2,382,809	)
Income tax benefit			(672,696	)			145,070				171,146				—				(356,480	)			—				(356,480	)
Income (loss) from operations after income tax benefit			2,009,537				(433,365	)			(570,166	)			(62,850	)			943,156				(3,682,445	)			(2,739,289	)
Total assets			138,872,887				32,840,392				122,381,338				1,846,367				295,940,984				484,076				296,425,060
Depreciation and amortization			2,610,442				1,403,262				68,874				37,929				4,120,507				—				4,120,507
Capital expenditures			—				—				5,806,435				—								—				5,806,435

Three-Month Period Ended June 30, 2020		Bromine*				Crude  Salt*				Chemical  Products				Natural Gas				Segment  Total				Corporate				Total
Net revenue (external customers)		$	4,487,017			$	872,466			$	—			$	—			$	5,359,483			$	—			$	5,359,483
Net revenue (intersegment)			—				—				—				—				—				—				—
Income(loss) from operations before income tax benefit			(1,479,084	)			(611,472	)			(654,652	)			(53,270	)			(2,798,478	)			(155,074	)			(2,953,552	)
Income tax benefit			350,708				172,849				149,076				—				672,633				—				672,633
Income (loss) from operations after income tax benefit			(1,128,376	)			(438,623	)			(505,576	)			(53,270	)			(2,125,845	)			(155,074	)			(2,280,919	)
Total assets			115,956,839				38,299,428				108,862,565				1,599,014				264,717,846				70,367				264,788,213
Depreciation and amortization			3,038,936				919,003				111,797				34,598				4,104,334				—				4,104,334
Capital expenditures			—				—				2,443,931				—				2,443,931				—				2,443,931

* Certain common production overheads, operating and administrative expenses and asset items (mainly cash and certain office equipment) of bromine and crude salt segments in SCHC were split by reference to the average selling price and production volume of respective segment.

Six-Month Period Ended June 30, 2021		Bromine*				Crude  Salt*				Chemical  Products				Natural Gas				Segment  Total				Corporate				Total
Net revenue (external customers)		$	14,836,428			$	1,570,823			$	—			$	—			$	16,407,251			$	—			$	16,407,251
Net revenue (intersegment)			—				—				—				—				—				—				—
Loss from operations before income tax benefit			1,402,668				(1,588,020	)			(1,487,781	)			(117,637	)			(1,790,770	)			(3,873,463	)			(5,664,233	)
Income tax benefit			(353,828	)			397,466				343,591				—				387,229				—				387,229
Loss from operations after income tax benefit			1,048,840				(1,190,554	)			(1,144,190	)			(117,637	)			(1,403,541	)			(3,873,463	)			(5,277,004	)
Total assets			138,872,887				32,840,392				122,381,338				1,846,367				295,940,984				484,076				296,425,060
Depreciation and amortization			5,531,131				2,480,722				137,481				75,530				8,224,864				—				8,224,864
Capital expenditures			—				—				5,806,435				—								—				5,806,435

Six-Month Period Ended June 30, 2020		Bromine*				Crude  Salt*				Chemical  Products				Natural Gas				Segment  Total				Corporate				Total
Net revenue (external customers)		$	4,949,863			$	967,290			$	—			$	—			$	5,917,153			$	—			$	5,917,153
Net revenue (intersegment)			—				—				—				—				—				—				—
Loss from operations before income tax benefit			(4,345,522	)			(2,125,054	)			(1,365,561	)			(102,116	)			(7,938,253	)			149,272				(7,788,981	)
Income tax benefit			1,068,146				551,245				309,685				—				1,929,076				—				1,929,076
Loss from operations after income tax benefit			(3,277,376	)			(1,573,809	)			(1,055,876	)			(102,116	)			(6,009,177	)			149,272				(5,859,905	)
Total assets			115,956,839				38,299,428				108,862,565				1,599,014				264,717,846				70,367				264,788,213
Depreciation and amortization			5,236,780				2,027,445				225,281				69,718				7,559,224				—				7,559,224
Capital expenditures			3,157,669				646,752				6,055,721				—				9,860,142				—				9,860,142

* Certain common production overheads, operating and administrative expenses and asset items (mainly cash and certain office equipment) of bromine and crude salt segments in SCHC were split by reference to the average selling price and production volume of the respective segment.

Business Segments - Schedule of Reconciliations

		Three-Month Period Ended June 30,								Six-Month Period Ended June 30,
Reconciliations		2021				2020				2021				2020
Total segment operating loss		$	1,299,636			$	(2,798,478	)		$	(1,790,770	)		$	(7,938,253	)
Corporate costs			(3,193,107	)			(136,956	)			(3,279,313	)			(233,059	)
Unrealized gain on translation of intercompany balance			(489,338	)			(18,118	)			(594,150	)			382,331
Loss from operations			(2,382,809	)			(2,953,552	)			(5,664,233	)			(7,788,981	)
Other income, net of expense			36,069				36,300				71,660				75,528
Loss before taxes		$	(2,346,740	)		$	(2,917,252	)		$	(5,592,573	)		$	(7,713,453	)

Business Segments - Schedule of Revenue by Major Customers

The following table shows the major customer(s) (10% or more) for the three-month period ended June 30, 2021.

Business Segments - Schedule of Revenue by Major Customers

Number		Customer		Bromine (000’s)				Crude Salt (000’s)				Chemical Products (000’s)				Total Revenue  (000’s)				Percentage of Total Revenue (%)
1		Shandong Morui Chemical Company Limited		$	1,752			$	420			$	—			$	2,172				19.5	%
2		Shouguang Weidong Chemical Company Limited		$	1,222			$	390			$	—			$	1,612				14.5	%
3		Shandong Brother Technology Limited		$	1,196			$	313			$	—			$	1,509				13.5	%

The following table shows the major customer(s) (10% or more) for the six-month period ended June 30, 2021.

Number		Customer		Bromine (000’s)				Crude Salt (000’s)				Chemical Products (000’s)				Total Revenue  (000’s)				Percentage of Total Revenue (%)
1		Shandong Morui Chemical Company Limited		$	2,648			$	589			$	—			$	3,237				19.7	%
2		Shouguang Weidong Chemical Company Limited		$	1,925			$	498			$	—			$	2,423				14.8	%
3		Shandong Brother Technology Limited		$	1,830			$	485			$	—			$	2,315				14.1	%

The following table shows the major customer(s) (10% or more) for the three-month period ended June 30, 2020.

Number		Customer		Bromine (000’s)				Crude Salt (000’s)				Chemical Products (000’s)					Total Revenue  (000’s)		Percentage of Total Revenue (%)
1		Shandong Morui Chemical Company Limited		$	809			$	321			$	—			$	1,130			21.1	%
2		Shouguang Weidong Chemical Company Limited		$	982			$	251			$	—			$	1,233			23	%
3		Shandong Brother Technology Limited		$	550			$	300			$	—			$	850			15.8	%
4		Shandong Shouguang Shenrunfa Ocean Chemical Company Limited		$	711			$	—			$	—			$	711			13.3	%
5		Dongying Bomeite Chemical Company Limited		$	537			$	—			$	—			$	537			10	%

The following table shows the major customer(s) (10% or more) for the six-month period ended June 30, 2020.

Number		Customer		Bromine (000’s)				Crude Salt (000’s)				Chemical Products (000’s)				Total Revenue  (000’s)				Percentage of Total Revenue (%)
1		Shandong Morui Chemical Company Limited		$	879			$	321			$	—			$	1,200				20.3	%
2		Shouguang Weidong Chemical Company Limited		$	1,047			$	251			$	—			$	1,298				21.9	%
3		Shandong Brother Technology Limited		$	609			$	300			$	—			$	909				15.4	%
4		Shandong Shouguang Shenrunfa Ocean Chemical Company Limited		$	768			$	—			$	—			$	768				13	%
5		Dongying Bomeite Chemical Company Limited		$	607			$	—			$	—			$	607				10.3	%

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