REVENUE RECOGNITION

3 Months Ended

Mar. 31, 2024

REVENUE RECOGNITION

REVENUE RECOGNITION

NOTE 4 – REVENUE RECOGNITION

Products consist of the following:

· Antimony: includes antimony oxide, antimony metal, antimony trisulfide.

· 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 March 31, 2024 and 2023 were as follows:

	For the three months ended
	March 31, 2024		March 31, 2023
Antimony product revenue	$	2,228,385	$	1,612,639
Zeolite product revenue		603,005		482,093
Precious metals product revenue		-		116,112
TOTAL REVENUES	$	2,831,390	$	2,210,844

Domestic and foreign revenues for the three months ended March 31, 2024 and 2023 were as follows:

	For the three months ended
	March 31, 2024		March 31, 2023
Domestic revenues	$	2,280,774	$	1,991,230
Foreign revenues		550,616		219,614
TOTAL REVENUES	$	2,831,390	$	2,210,844

The Company’s trade accounts receivable balance related to contracts with customers was $1,057,742 at March 31, 2024 and $625,256 at December 31, 2023, net of an allowance for doubtful accounts related to trade accounts receivables of $271,212 at March 31, 2024 and December 31, 2023. The Company’s products do not involve any warranty agreements and product returns are not typical.