v3.26.1
20. DISAGGREGATED REVENUE
6 Months Ended
Jun. 30, 2026
Notes  
20. DISAGGREGATED REVENUE

20.DISAGGREGATED REVENUE 

 

Revenue consisted of the following refined product types sold domestically in the Southwest USA region for June 30:

 

 

 

Three Months Ended

 

Three Months Ended

 

Six Months Ended

 

Six Months Ended

 

 

June 30, 2026

 

June 30, 2025

 

June 30, 2026

 

June 30, 2025

Diesel

$

- 

$

1,755,938 

$

382 

$

3,608,873 

Liquid Asphalt

 

- 

 

1,400,990 

 

1 

 

4,125,288 

VGO

 

- 

 

1,306,615 

 

- 

 

2,931,119 

Naphtha

 

- 

 

75,996 

 

- 

 

196,482 

Other

 

- 

 

1,933 

 

- 

 

12,677 

Total Net Sales

$

- 

$

4,541,472 

$

383 

$

10,874,439 

 

The Company refines crude oil to produce several key products, including Diesel, Liquid Asphalt, Vacuum Gas Oil (VGO), and Naphtha, each with distinct industrial applications. Diesel is used primarily in transportation and

industrial sectors, while Liquid Asphalt is essential for road construction and roofing. VGO serves as an intermediate product for further refining, and Naphtha is used as a feedstock for gasoline production and petrochemicals.