The Company's operations are classified as one reportable segment. Substantially all of the Company's operations and long-lived assets reside primarily in the North America. Net sales information is as follows:

  

    FY 2020     Percent     FY 2019     Percent  
North America   $ 47,116,632       98.2 %   $ 36,741,262       97.7 %
Outside North America     871,917       1.8 %     873,194       2.3 %
Total   $ 47,988,549       100.0 %   $ 37,614,456       100.0 %

 

Historical Timeline

Fiscal YearFiled
2020Apr 13, 2021Showing above
2019Apr 15, 2020
2018Apr 1, 2019
2017Mar 30, 2018
2016Mar 22, 2017
2015Mar 15, 2016

About Segments Disclosures

Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.

Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.