13. Business Segments

3 Months Ended

Mar. 31, 2018

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.

Segment disclosure regarding sales to major customers is located in Note 4.

Properties, plants and equipment, net:	March 31, 2018		December 31, 2017
Antimony
United States	$	1,674,787	$	1,687,997
Mexico		11,343,589		11,452,507
Subtotal Antimony		13,018,376		13,140,504
Precious metals		616,233		642,774
Zeolite		1,315,531		1,349,619
Total	$	14,950,140	$	15,132,897

Total Assets:	March 31, 2018		December 31, 2017
Antimony
United States	$	2,225,360	$	2,510,323
Mexico		12,009,001		12,073,219
Subtotal Antimony		14,234,361		14,583,542
Precious metals		616,233		642,774
Zeolite		1,899,980		1,904,938
Total	$	16,750,574	$	17,131,254

	For the three months ended
Capital expenditures:	March 31, 2018		March 31, 2017
Antimony
United States	$	-	$	-
Mexico		40,085		28,683
Subtotal Antimony		40,085		28,683
Precious Metals		40,988		43,000
Zeolite		13,732		7,916
Total	$	94,805	$	79,599

Segment Operations for the three	Antimony			Antimony			Total			Precious			Bear River
months ended March 31, 2018	USAC			Mexico			Antimony			Metals			Zeolite			Totals
Total revenues	$	1,681,812		$	-		$	1,681,812		$	60,410		$	690,707		$	2,432,929
Depreciation and amortization		13,209			149,004			162,213			67,529			47,820			277,562
Income (loss) from operations		198,039			(742,781	)		(544,742	)		(7,119	)		152,092			(399,769	)
Other income (expense):		(778	)		(71,120	)		(71,898	)		-			(2,773	)		(74,671	)
NET INCOME (LOSS)	$	197,261		$	(813,901	)	$	(616,640	)	$	(7,119	)	$	149,319		$	(474,440	)

Segment Operations for the three	Antimony			Antimony			Total			Precious		Bear River
months ended March 31, 2017	USAC			Mexico			Antimony			Metals		Zeolite			Totals
Total revenues	$	1,968,725		$	17,782		$	1,986,507		$	20,811	$	612,012		$	2,619,330
Depreciation and amortization		19,500			146,175			165,675			-		50,000			215,675
Income (loss) from operations		328,900			(751,176	)		(422,276	)		20,811		89,592			(311,873	)
Other income (expense):		(11,078	)		(64,965	)		(76,043	)		-		(3,387	)		(79,430	)
NET INCOME (LOSS)	$	317,822		$	(816,141	)	$	(498,319	)	$	20,811	$	86,205		$	(391,303	)