13. Business Segments

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Business Segments

The Company is currently organized and managed by four segments, which represent our operating units: United States antimony operations, Mexican antimony operations, precious metals recovery and United States zeolite operations.

The Madero smelter and Puerto Blanco mill at the Company’s Mexico operation brings antimony up to an intermediate stage, which may be sold directly or shipped to the United States operation for finishing at the Thompson Falls, Montana plant. The precious metals recovery plant is operated in conjunction with the antimony processing plant at Thompson Falls, Montana. The zeolite operation produces zeolite near Preston, Idaho. Almost all of the sales of products from the United States antimony and zeolite operations are to customers in the United States.

Segment disclosure regarding sales to major customers is located in Note 4.

Properties, plants and equipment, net:	March 31, 2019		December 31, 2018
Antimony
United States	$	1,625,783	$	1,635,315
Mexico		11,786,592		11,660,769
Subtotal Antimony		13,412,375		13,296,084
Precious metals		605,462		615,719
Zeolite		1,298,630		1,315,369
Total	$	15,316,467	$	15,227,172

Total Assets:	March 31, 2019		December 31, 2018
Antimony
United States	$	2,183,085	$	2,199,694
Mexico		12,616,734		12,824,292
Subtotal Antimony		14,799,819		15,023,986
Precious metals		605,462		615,719
Zeolite		1,891,789		1,917,418
Total	$	17,297,070	$	17,557,123

	For the three months ended
Capital expenditures:	March 31, 2019		March 31, 2018
Antimony
United States	$	1,345	$	-
Mexico		274,906		40,085
Subtotal Antimony		276,251		40,085
Precious Metals		6,754		40,988
Zeolite		29,563		13,732
Total	$	312,568	$	94,805

Segment Operations for the three	Antimony			Antimony			Total			Precious		Bear River
months ended March 31, 2019	USAC			Mexico			Antimony			Metals		Zeolite			Totals
Total revenues	$	1,545,284		$	160,539		$	1,705,823		$	24,527	$	726,015		$	2,456,365
Depreciation and amortization		10,878			149,083			159,961			17,011		46,301			223,273
Income (loss) from operations		(52,096	)		(802,676	)		(854,772	)		7,516		163,489			(683,767	)
Other income (expense):		(1,367	)		(18,287	)		(19,654	)		-		(4,039	)		(23,693	)
NET INCOME (LOSS)	$	(53,463	)	$	(820,963	)	$	(874,426	)	$	7,516	$	159,450		$	(707,460	)

Segment Operations for the three	Antimony			Antimony			Total			Precious			Bear River
months ended March 31, 2018	USAC			Mexico			Antimony			Metals			Zeolite			Totals
Total revenues	$	1,681,812		$	-		$	1,681,812		$	60,410		$	690,707		$	2,432,929
Depreciation and amortization		13,209			149,004			162,213			67,529			47,820			277,562
Income (loss) from operations		198,039			(742,781	)		(544,742	)		(7,119	)		152,092			(399,769	)
Other income (expense):		(778	)		(71,120	)		(71,898	)		-			(2,773	)		(74,671	)
NET INCOME (LOSS)	$	197,261		$	(813,901	)	$	(616,640	)	$	(7,119	)	$	149,319		$	(474,440	)