Annual report pursuant to Section 13 and 15(d)

Note 3 - Revenue Recognition

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Note 3 - Revenue Recognition
12 Months Ended
Dec. 31, 2023
Notes to Financial Statements  
Revenue from Contract with Customer [Text Block]

3.                 

Revenue recognition

 

The Company has historically generated revenues by recycling lead acid batteries (“LABs”) and selling the recovered lead to its customers.

 

The Company was not in commercial production in 2023 or 2022. The nominal revenue generated during the years ended  December 31, 2023 and December 31, 2022 resulted from the sale of from the sale of lead finished goods that were generated during operation of the TRIC facility prior to the November 2019 fire at our TRIC facility. Revenue from products transferred to customers at a single point in time with the delivery of the Company’s products to customers accounted for 100% of our revenue during the years ended December 31, 2023 and December 31, 2022.