REVENUE RECOGNITION

6 Months Ended

Jun. 30, 2023

REVENUE RECOGNITION

REVENUE RECOGNITION

NOTE 4 – REVENUE RECOGNITION

Products consist of the following:

· Antimony: includes antimony oxide, sodium antimonate, antimony trisulfide, and antimony metal

· Zeolite: includes coarse and fine zeolite crushed in various sizes

· Precious metals: includes unrefined and refined gold and silver

Sales of products for the three months ended June 30, 2023 and 2022 were as follows:

	For the three months ended
	June 30, 2023		June 30, 2022
Antimony	$	1,590,161	$	2,472,081
Zeolite		787,091		1,020,391
Precious metals		126,321		95,453
TOTAL REVENUE	$	2,503,573	$	3,587,925

Sales of products for the six months ended June 30, 2023 and 2022 were as follows:

	For the six months ended
	June 30, 2023		June 30, 2022
Antimony	$	3,202,800	$	5,301,011
Zeolite		1,269,184		1,694,433
Precious metals		242,433		172,787
TOTAL REVENUE	$	4,714,417	$	7,168,231

The Company’s trade accounts receivable balance related to contracts with customers was $1,307,974 at June 30, 2023 and $784,457 at December 31, 2022. The Company’s allowance for doubtful accounts related to trade accounts receivables was $75,000 at June 30, 2023 and $31,440 at December 31, 2022. The Company’s products do not involve any warranty agreements and product returns are not typical.