Annual report [Section 13 and 15(d), not S-K Item 405]

Note 3 - Revenue Recognition

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Note 3 - Revenue Recognition
12 Months Ended
Dec. 31, 2024
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 2024 or 2023. The nominal revenue generated during the year ended  December 31, 2023 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 year ended December 31, 2023.