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BUSINESS SEGMENTS (Tables)

9 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

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

Three-Month Period Ended September 30, 2024		Bromine*				Crude  Salt*				Chemical  Products				Natural Gas				Segment  Total Segment Total				Corporate Corporate				Total
Net revenue (external customers)		$	1,571,313			$	654,039			$	—			$	17,013			$	2,242,365			$	—			$	2,242,365
Net revenue (intersegment)			—				—				—				—				—				—				—
Income(loss) from operations before income tax benefit			(4,029,999	)			(102,657	)			(339,038	)			(39,072	)			(4,510,766	)			(70,843	)			(4,581,609	)
Income tax benefit (expense)			1,001,067				18,020				84,610				—				1,103,697				—				1,103,697
Income (loss) from operations after income tax benefit (expense)			(3,028,932	)			(84,637	)			(254,428	)			(39,072	)			(3,407,069	)			(70,843	)			(3,477,912	)
Total assets			89,030,860				48,060,437				54,871,374				1,812,636				193,775,307				109,987				193,885,294
Depreciation and amortization			3,818,547				649,997				68,221				33,478				4,570,243				—				4,570,243
Capital expenditures			—				—				—				—				—				—				—

Three-Month Period Ended September 30, 2023		Bromine*				Crude  Salt*				Chemical  Products				Natural Gas				Segment  Total				Corporate				Total
Net revenue (external customers)		$	4,908,152			$	889,556			$	—			$	67,907			$	5,865,615			$	—			$	5,865,615
Net revenue (intersegment)			—				—				—				—				—				—				—
Income(loss) from operations before income tax benefit			(2,143,203	)			500,469				(397,410	)			4,156				(2,035,988	)			(257,300	)			(2,293,288	)
Income tax benefit (expense)			516,927				(125,731	)			92,328				—				483,524				—				483,524
Income (loss) from operations after income tax benefit (expense)			(1,626,276	)			374,738				(305,082	)			4,156				(1,552,464	)			(257,300	)			(1,809,764	)
Total assets			159,846,002				11,983,765				105,533,526				1,244,427				278,607,720				285,157				278,892,877
Depreciation and amortization			4,507,616				180,121				67,692				33,430				4,788,859				—				4,788,859
Capital expenditures			15,149,296				—				—				—				15,149,296				—				15,149,296

* 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 until April 2022. Commencing May 2022, costs were assigned to the two subsidiaries (SCHC and SHSI) by independent accounting.

NOTE 17 – BUSINESS SEGMENTS – Continued

Nine-Month Period Ended September 30, 2024		Bromine*				Crude  Salt*				Chemical  Products				Natural Gas				Segment  Total				Corporate				Total
Net revenue (external customers)		$	4,576,744			$	1,294,645			$	—			$	61,207			$	5,932,596			$	—			$	5,932,596
Net revenue (intersegment)			—				—				—				—				—				—				—
Income(loss) from operations before income tax benefit			(13,475,400	)			(47,725	)			(993,116	)			(140,554	)			(14,656,795	)			(341,230	)			(14,998,025	)
Income tax benefit (expense)			3,361,390				(15,204	)			235,681				—				3,581,867				—				3,581,867
Income (loss) from operations after income tax benefit (expense)			(10,114,010	)			(62,929	)			(757,435	)			(140,554	)			(11,074,928	)			(341,230	)			(11,416,158	)
Total assets			89,030,860				48,060,437				54,871,374				1,812,636				193,775,307				109,987				193,885,294
Depreciation and amortization			12,718,202				1,013,663				204,892				100,797				14,037,554				—				14,037,554
Capital expenditures			28,923,642				31,602,571				—				—				60,526,213				—				60,526,213

Nine-Month Period Ended September 30, 2023		Bromine*				Crude  Salt*				Chemical  Products				Natural Gas				Segment  Total				Corporate				Total
Net revenue (external customers)		$	20,734,871			$	2,287,672			$	—			$	150,861			$	23,173,404			$	—			$	23,173,404
Net revenue (intersegment)			—				—				—				—				—				—				—
Income(loss) from operations before income tax benefit			(3,340,404	)			904,482				(1,231,302	)			14,011				(3,653,213	)			(358,731	)			(4,011,944	)
Income tax benefit (expense)			800,170				(228,002	)			304,611				—				876,779				—				876,779
Income (loss) from operations after income tax benefit (expense)			(2,540,234	)			676,480				(926,691	)			14,011				(2,776,434	)			(358,731	)			(3,135,165	)
Total assets			159,846,002				11,983,765				105,533,526				1,244,427				278,607,720				285,157				278,892,877
Depreciation and amortization			14,521,943				553,141				207,878				102,662				15,385,624				—				15,385,624
Capital expenditures			15,197,648				—				—				—				15,197,648				—				15,197,648

* 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 each respective segment through April 2022. Commencing May 2022, costs were assigned to the two subsidiaries (SCHC and SHSI) by independent accounting.

NOTE 17 – BUSINESS SEGMENTS – Continued

Business Segments - Schedule of Segment Reconciliations

		Three-Month Period Ended September 30,								Nine-Month Period Ended September 30,
Reconciliations		2024				2023				2024				2023
Total segment operating Income (loss)		$	(4,510,766	)		$	(2,035,988	)		$	(14,656,795	)		$	(3,653,213	)
Corporate costs			(70,843	)			(65,148	)			(341,230	)			(193,287	)
Unrealized gain on translation of intercompany balance			—				(192,152	)			—				(165,444	)
Income (loss) from operations			(4,581,609	)			(2,293,288	)			(14,998,025	)			(4,011,944	)
Other income, net of expense			(14,971	)			33,967				6,236				119,805
Other Expenses			—				—				(29,173,011	)			—
Income (loss) before taxes		$	(4,596,580	)		$	(2,259,321	)		$	(44,164,800	)		$	(3,892,139	)

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, 2024.

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		$	188			$	243			$	—			$	431				19.2	%
	2			Shandong Brother Technology Limited		$	190			$	233			$	—			$	423				18.9	%
	3			Shouguang Weidong Chemical Company Limited		$	189			$	178			$	—			$	367				16.4	%

The following table shows the major customer(s) (10% or more) for the nine-month period ended September 30, 2024.

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		$	543			$	462			$	—			$	1,005				16.9	%
	2			Shandong Brother Technology Limited		$	515			$	447			$	—			$	962				16.2	%
	3			Shouguang Weidong Chemical Company Limited		$	516			$	386			$	—			$	902				15.2	%

The following table shows the major customer(s) (10% or more) for the three-month period ended September 30, 2023.

Number				Customer		Bromine (000’s)				Crude Salt (000’s)				Chemical Products (000’s)				Total Revenue  (000’s)				Percentage of Total Revenue (%)
	1			Shandong Brother Technology Limited		$	766			$	309			$	—			$	1,075				18.5	%
	2			Shandong Morui Chemical Company Limited		$	769			$	298			$	—			$	1,067				18.4	%
	3			Shouguang Weidong Chemical Company Limited		$	772			$	282			$	—			$	1,054				18.2	%

The following table shows the major customer(s) (10% or more) for the nine-month period ended September 30, 2023.

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		$	3,166			$	842			$	—			$	4,008				17.4	%
	2			Shandong Brother Technology Limited		$	3,077			$	768			$	—			$	3,845				16.7	%
	3			Shouguang Weidong Chemical Company Limited		$	3,087			$	677			$	—			$	3,764				16.4	%
	4			Shandong Shouguangshen Runfa Marine Chemical Company Limited		$	2,532			$	—			$	—			$	2,532				11	%

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