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BUSINESS SEGMENT
9 Months Ended
Sep. 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

Nine Months Ended

Nine Months Ended

    

September 30, 2024

    

September 30, 2023

    

September 30, 2024

    

September 30, 2023

U.S. sales

$

9,628,608

$

9,392,737

$

21,283,346

$

22,116,861

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

 

569,970

 

839,730

 

1,390,883

 

5,823,282

Other international sales

 

148,279

 

102,564

 

1,301,355

 

1,367,270

Total sales

$

10,346,857

$

10,335,031

$

23,975,584

$

29,307,413

Long-lived assets by geography are as follows:

    

September 30, 2024

    

December 31, 2023

Long-lived assets

U.S.

$

84,883,113

$

89,237,030

International

4,053,797

4,241,491

Total

$

88,936,910

$

93,478,521