Revenue (Tables)

9 Months Ended

Sep. 30, 2024

Location

Disaggregation of Revenue

The following table presents revenue by segment, further disaggregated by location:

	Fastener		Assembly Equipment		Consolidated
Three Months Ended September 30, 2024:
United States	$	4,657,979	$	659,306	$	5,317,285
Foreign		1,269,337		383,299		1,652,636
Total net sales	$	5,927,316	$	1,042,605	$	6,969,921
Three Months Ended September 30, 2023:
United States	$	5,398,688	$	961,618	$	6,360,306
Foreign		1,578,753		7,113		1,585,866
Total net sales	$	6,977,441	$	968,731	$	7,946,172
Nine Months Ended September 30, 2024
United States	$	15,694,640	$	2,871,084	$	18,565,724
Foreign		3,866,080		450,775		4,316,855
Total net sales	$	19,560,720	$	3,321,859	$	22,882,579
Nine Months Ended September 30, 2023
United States	$	17,927,910	$	2,402,734	$	20,248,872
Foreign		4,267,457		128,727		4,477,956
Total net sales	$	22,195,367	$	2,531,461	$	24,726,828

End Market

Disaggregation of Revenue

The following table presents revenue by segment, further disaggregated by end-market:

	Fastener		Assembly Equipment		Consolidated
Three Months Ended September 30, 2024:
Automotive	$	3,578,390	$	14,386	$	3,592,776
Non-automotive		2,348,926		1,028,219		3,377,145
Total net sales	$	5,927,316	$	1,042,605	$	6,969,921
Three Months Ended September 30, 2023:
Automotive	$	5,184,547	$	12,363	$	5,196,910
Non-automotive		1,792,894		956,368		2,749,262
Total net sales	$	6,977,441	$	968,731	$	7,946,172
Nine Months Ended September 30, 2024:
Automotive		13,050,096	$	171,094	$	13,221,190
Non-automotive		6,510,624		3,150,765		9,661,389
Total net sales	$	19,560,720	$	3,321,859	$	22,882,579
Nine Months Ended September 30, 2023:
Automotive	$	15,150,117	$	95,464	$	15,245,581
Non-automotive		7,045,250		2,435,997		9,481,247
Total net sales	$	22,195,367	$	2,531,461	$	24,726,828