REVENUE RECOGNITION

9 Months Ended

Sep. 30, 2023

REVENUE RECOGNITION

REVENUE RECOGNITION

 NOTE 4 – REVENUE RECOGNITION

Products consist of the following:

· Antimony: includes antimony oxide, 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 September 30, 2023 and 2022 were as follows:

	For the three months ended
	September 30,		September 30,
	2023		2022
Antimony	$	1,641,666	$	1,671,301
Zeolite		671,825		792,683
Precious metals		-		-
TOTAL REVENUE	$	2,313,491	$	2,463,984

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

	For the nine months ended
	September 30,		September 30,
	2023		2022
Antimony	$	4,844,466	$	6,972,312
Zeolite		1,941,009		2,487,116
Precious metals		242,433		165,183
TOTAL REVENUE	$	7,027,908	$	9,624,611

The Company’s trade accounts receivable balance related to contracts with customers was $1,390,437 at September 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 September 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.