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REVENUE RECOGNITION
3 Months Ended
Mar. 31, 2025
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 by product type for the three months ended March 31, 2025 and 2024 were as follows:

 

 

 

For the Three Months Ended March 31, 2025

 

 

 

2025

 

 

2024

 

Antimony

 

$5,925,848

 

 

$2,469,062

 

Zeolite

 

 

1,094,696

 

 

 

603,005

 

Precious metals

 

 

(20,539)

 

 

-

 

Total revenues

 

$7,000,005

 

 

$3,072,067

 

 

Domestic and foreign revenues for the three months ended March 31, 2025 and 2024 were as follows:

 

 

 

For the Three Months Ended March 31,

 

 

 

2025

 

 

2024

 

Domestic

 

$6,901,327

 

 

$2,521,451

 

Canada

 

 

98,678

 

 

 

550,616

 

Total revenues

 

$7,000,005

 

 

$3,072,067

 

 

The Company’s trade accounts receivable balance related to contracts with customers was $1,973,286 at March 31, 2025 and $1,156,564 at December 31, 2024, which is net of an allowance for doubtful accounts related to trade accounts receivables of $10,165 at both March 31, 2025 and December 31, 2024. The Company’s products do not involve any warranty agreements and product returns are not typical.