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BUSINESS SEGMENT
3 Months Ended
Mar. 31, 2023
BUSINESS SEGMENT  
BUSINESS SEGMENT

9.    BUSINESS SEGMENT

The Company does not operate in separate reportable segments. Shipments to international customers generally require a prepayment either by wire transfer or an irrevocable confirmed letter of credit.  The Company does extend credit to international customers on some occasions depending upon certain criteria, including, but not limited to, the credit worthiness of the customer, the stability of the country, banking restrictions, and the size of the order.  All transactions are in U.S. currency.

Revenues by geography are as follows:

Three Months Ended

Three Months Ended

    

March 31, 2023

    

March 31, 2022

    

U.S. sales (excluding U.S. government)

$

5,423,448

$

10,212,842

Sales to U.S. government

15,731,136

North and South America sales (excluding U.S.)

 

4,773,320

 

11,077,128

Other international sales

 

804,334

 

7,721,244

Total sales

$

11,001,102

$

44,742,350

Long-lived assets by geography are as follows:

    

March 31, 2023

    

December 31, 2022

Long-lived assets

U.S.

$

94,200,648

$

95,587,561

International

4,480,729

4,565,207

Total

$

98,681,377

$

100,152,768