13. Business Segments

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Business Segments

The Company is currently organized and managed by four segments, which represent our operating units: United States antimony operations, Mexican antimony operations, precious metals recovery and United States zeolite operations.

The Madero smelter and Puerto Blanco mill at the Company’s Mexico operation brings antimony up to an intermediate stage, which may be sold directly or shipped to the United States operation for finishing and sales at the Thompson Falls, Montana plant. The precious metals recovery plant is operated in conjunction with the antimony processing plant at Thompson Falls, Montana. The Zeolite operation produces Zeolite near Preston, Idaho. Almost all of the sales of products from the United States antimony and Zeolite operations are to customers in the United States.

Disclosure of the activity relating to our precious metals recovery requires that it be reported as a separate business segment. The prior period comparative information has been reclassified to reflect this change.

Segment disclosure regarding sales to major customers is located in Note 9.

Properties, plants and equipment, net:	March 31, 2017		December 31, 2016
Antimony
United States	$	1,674,831	$	1,694,331
Mexico		11,866,975		11,984,467
Subtotal Antimony		13,541,806		13,678,798
Precious metals		587,615		544,615
Zeolite		1,430,469		1,472,553
Total	$	15,559,890	$	15,695,966
Total Assets:	March 31, 2017		December 31, 2016
Antimony
United States	$	2,360,482	$	2,495,842
Mexico		12,749,939		12,681,109
Subtotal Antimony		15,110,421		15,176,951
Precious metals		587,615		544,615
Zeolite		2,021,275		2,044,432
Total	$	17,719,311	$	17,765,998

	For the three months ended
Capital expenditures:	March 31, 2017		March 31, 2016
Antimony
United States	$	-	$	1,035
Mexico		28,683		207,886
Subtotal Antimony		28,683		208,921
Precious Metals		43,000		19,365
Zeolite		7,916		41,769
Total	$	79,599	$	270,055

Segment Operations for the three	Antimony			Antimony			Precious		Bear River
months ended March 31, 2017	USAC			Mexico			Metals		Zeolite			Totals
Total revenues	$	1,968,725		$	17,782		$	20,811	$	612,012		$	2,619,330
Depreciation and amortization		19,500			146,175			-		50,000			215,675
Income (loss) from operations		328,900			(751,176	)		20,811		89,592			(311,873	)
Other income (expense):		(11,078	)		(64,965	)		-		(3,387	)		(79,430	)
NET INCOME (LOSS)	$	317,822		$	(816,141	)	$	20,811	$	86,205		$	(391,303	)

Segment Operations for the three	Antimony			Antimony			Precious		Bear River
months ended March 31, 2016	USAC			Mexico			Metals		Zeolite			Totals
Total revenues	$	2,504,564		$	16,668		$	217,617	$	583,354		$	3,322,203
Depreciation and amortization		15,500			188,650					57,000			261,150
Income (loss) from operations		884,197			(1,279,512	)		182,848		30,170			(182,297	)
Other income (expense):		(5,975	)		-			-		(368	)		(6,343	)
NET INCOME (LOSS)	$	878,222		$	(1,279,512	)	$	182,848	$	29,802		$	(188,640	)