Business Segmentation and Geographical Distribution

9 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

Business Segmentation and Geographical Distribution

 (11) Business Segmentation and Geographical Distribution

Revenue from international sources approximated $735 and $1,490 for the three and nine months ended September 30, 2024, respectively, compared to $731 and $2,918 for the three and nine months ended September 30, 2023, respectively. All of this revenue was product revenue.  

Our operations comprise a single business segment and all of our long-lived assets are located within the United States. We categorize our revenue stream into three main product categories, Personal Care Ingredients, Advanced Materials and Solésence. The revenues, by category, for the three and nine months ended September 30, 2024 and 2023 are as follows:

	Three months ended September 30,				Nine months ended September 30,
Product Category	2024		2023		2024		2023
Solésence	$	13,600	$	5,016	$	32,904	$	17,839
Personal Care Ingredients		2,845		2,364		5,966		8,944
Advanced Materials		421		578		910		2,503
Total Sales	$	16,866	$	7,958	$	39,780	$	29,286