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BUSINESS SEGMENT
6 Months Ended
Jun. 30, 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

Six Months Ended

Six Months Ended

    

June 30, 2023

    

June 30, 2022

    

June 30, 2023

    

June 30, 2022

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

$

7,300,676

$

9,561,809

$

12,724,124

$

19,774,650

Sales to U.S. government

15,731,136

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

 

210,232

 

4,313,128

 

4,983,552

 

15,390,256

Other international sales

 

460,372

 

461,632

 

1,264,706

 

8,182,877

Total sales

$

7,971,280

$

14,336,569

$

18,972,382

$

59,078,919

Long-lived assets by geography are as follows:

    

June 30, 2023

    

December 31, 2022

Long-lived assets

U.S.

$

92,424,385

$

95,587,561

International

4,399,799

4,565,207

Total

$

96,824,184

$

100,152,768