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BUSINESS SEGMENT
6 Months Ended
Jun. 30, 2024
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, 2024

    

June 30, 2023

    

June 30, 2024

    

June 30, 2023

U.S. sales

$

5,013,571

$

7,300,676

$

11,654,738

$

12,724,124

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

 

666,280

 

210,232

 

820,913

 

4,983,552

Other international sales

 

349,513

 

460,372

 

1,153,076

 

1,264,706

Total sales

$

6,029,364

$

7,971,280

$

13,628,727

$

18,972,382

Long-lived assets by geography are as follows:

    

June 30, 2024

    

December 31, 2023

Long-lived assets

U.S.

$

85,966,745

$

89,237,030

International

4,083,182

4,241,491

Total

$

90,049,927

$

93,478,521