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BUSINESS SEGMENTS (Tables)

9 Months Ended

Sep. 30, 2021

Segment Reporting [Abstract]

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

Three-Month Period Ended September 30, 2021		Bromine*				Crude  Salt*				Chemical  Products				Natural Gas				Segment  Total				Corporate				Total
Net revenue (external customers)		$	14,913,004			$	2,840,665			$	—			$	—			$	17,753,669			$	—			$	17,753,669
Net revenue (intersegment)			—				—				—				—				—				—				—
Income(loss) from operations before income tax benefit (expense)			6,909,542				561,373				(535,047	)			(49,295	)			6,886,573				211,402				7,097,975
Income tax benefit(expense)			(1,730,425	)			(140,590	)			120,732				—				(1,750,283	)			—				(1,750,283	)
Income (loss) from operations after income tax benefit (expense)			5,179,117				420,783				(414,315	)			(49,295	)			5,136,290				211,402				5,347,692
Total assets			144,690,423				33,983,687				123,734,291				1,641,720				304,050,121				389,000				304,439,121
Depreciation and amortization			2,652,509				1,354,811				72,939				11,516				4,091,775				—				4,091,775
Capital expenditures			188,529				—				2,565,188				—								—				2,753,717

Three-Month Period Ended September 30, 2020		Bromine*				Crude  Salt*				Chemical  Products				Natural Gas				Segment  Total				Corporate				Total
Net revenue (external customers)		$	9,181,747			$	1,300,438			$	—			$	—			$	10,482,185			$	—			$	10,482,185
Net revenue (intersegment)			—				—				—				—				—				—				—
Income(loss) from operations before income tax benefit (expense)			1,962,262				(484,278	)			(673,377	)			(48,550	)			756,057				(3,489,875	)			(2,733,818	)
Income tax benefit (expense)			(490,553	)			121,066				152,162				—				(217,325	)			—				(217,325	)
Income (loss) from operations after income tax benefit (expense)			1,471,709				(363,212	)			(521,215	)			(48,550	)			538,732				(3,489,875	)			(2,951,143	)
Total assets			127,506,049				34,760,524				114,000,520				1,612,833				277,879,926				16,697				277,896,623
Depreciation and amortization			3,299,845				898,783				114,466				35,383				4,348,477				—				4,348,477
Capital expenditures			—				—				—				—				—				—				—

* 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.

Nine-Month Period Ended September 30, 2021		Bromine*				Crude  Salt*				Chemical  Products				Natural Gas				Segment  Total				Corporate				Total
Net revenue (external customers)		$	29,749,432			$	4,411,488			$	—			$	—			$	34,160,920			$	—			$	34,160,920
Net revenue (intersegment)			—				—				—				—				—				—				—
Income(loss) from operations before income tax benefit (expense)			8,312,210				(1,026,647	)			(2,022,828	)			(166,932	)			5,095,803				(3,662,061	)			1,433,742
Income tax benefit(expense)			(2,084,253	)			256,876				464,323				—				(1,363,054	)			—				(1,363,054	)
Income (loss) from operations after income tax benefit (expense)			6,227,957				(769,771	)			(1,558,505	)			(166,932	)			3,732,749				(3,662,061	)			70,688
Total assets			144,690,423				33,983,687				123,734,291				1,641,720				304,050,121				389,000				304,439,121
Depreciation and amortization			8,183,640				3,835,533				210,420				87,046				12,316,639				—				12,316,639
Capital expenditures			188,529				—				8,371,623				—				8,560,152				—				8,560,152

Nine-Month Period Ended September 30, 2020		Bromine*				Crude  Salt*				Chemical  Products				Natural Gas				Segment  Total				Corporate				Total
Net revenue (external customers)		$	14,131,610			$	2,267,728			$	—			$	—			$	16,399,338			$	—			$	16,399,338
Net revenue (intersegment)			—				—				—				—				—				—				—
Loss from operations before income tax benefit (expense)			(2,383,260	)			(2,609,332	)			(2,038,938	)			(150,666	)			(7,182,196	)			(3,340,603	)			(10,522,799	)
Income tax benefit (expense)			577,593				672,311				461,847				—				1,711,751				—				1,711,751
Loss from operations after income tax benefit (expense)			(1,805,667	)			(1,937,021	)			(1,577,091	)			(150,666	)			(5,470,445	)			(3,340,603	)			(8,811,048	)
Total assets			127,506,049				34,760,524				114,000,520				1,612,833				277,879,926				16,697				277,896,623
Depreciation and amortization			8,536,625				2,926,228				339,747				105,102				11,907,702				—				11,907,702
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 September 30,								Nine-Month Period Ended September 30,
Reconciliations		2021				2020				2021				2020
Total segment operating income (loss)		$	6,886,573			$	756,057			$	5,095,803			$	(7,182,196	)
Corporate costs			(99,461	)			(2,459,213	)			(3,378,774	)			(2,692,272
Unrealized gain (loss) on translation of intercompany balance			310,863				(1,030,662	)			(283,287	)			(648,331	)
Loss from operations			7,097,975				(2,733,818	)			1,433,742				(10,522,799	)
Other income, net of expense			45,923				38,562				117,583				114,089
Loss before taxes		$	7,143,898			$	(2,695,256	)		$	1,551,325			$	(10,408,710	)

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 September 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		$	3,233			$	1,010			$	—			$	4,243				23.9	%
2		Shouguang Weidong Chemical Company Limited		$	2,801			$	783			$	—			$	3,584				20.2	%
3		Shandong Brother Technology Limited		$	2,757			$	1,048			$	—			$	3,805				21.4	%

The following table shows the major customer(s) (10% or more) for the nine-month period ended September 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		$	5,881			$	1,599			$	—			$	7,480				21.9	%
2		Shouguang Weidong Chemical Company Limited		$	4,726			$	1,281			$	—			$	6,007				17.6	%
3		Shandong Brother Technology Limited		$	4,587			$	1,533			$	—			$	6,120				17.9	%

The following table shows the major customer(s) (10% or more) for the three-month period ended September 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		$	1,911			$	464			$	—			$	2,375				22.7	%
2		Shandong Brother Technology Limited		$	1,197			$	452			$	—			$	1,649				15.7	%
3		Shouguang Weidong Chemical Company Limited		$	1,266			$	383			$	—			$	1,649				15.7	%
4		Dongying Bomeite Chemical Company Limited		$	1,082			$	—			$	—			$	1,082				10.3	%
5		Shandong Shouguang Shenrunfa Ocean Chemical Company Limited		$	1,174			$	—			$	—			$	1,174				11.2	%

The following table shows the major customer(s) (10% or more) for the nine-month period ended September 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		$	2,790			$	785			$	—			$	3,575				21.8	%
2		Shandong Brother Technology Limited		$	1,806			$	752			$	—			$	2,558				15.6	%
3		Shouguang Weidong Chemical Company Limited		$	2,313			$	634			$	—			$	2,947				18	%
4		Dongying Bomeite Chemical Company Limited		$	1,689			$	—			$	—			$	1,689				10.3	%
5		Shandong Shouguang Shenrunfa Ocean Chemical Company Limited		$	1,942			$	—			$	—			$	1,942				11.8	%

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