Quarterly report pursuant to Section 13 or 15(d)

Inventory

v3.22.2.2
Inventory
 6 Months Ended
Jun. 30, 2022
Inventory Disclosure [Abstract]  
Inventory

Note 4 - Inventory

As of June 30, 2022 and December 31, 2021, inventory consisted of the following:

 

 

 

As of

 

 

As of

 

 

 

June 30,
2022

 

 

December 31,
2021

 

Raw materials

 

$

2,471,495

 

 

$

2,188,284

 

Work in process

 

 

1,918,469

 

 

 

2,128,894

 

Finished goods

 

 

2,262,563

 

 

 

2,898,803

 

Total Inventory, net

 

$

6,652,527

 

 

$

7,215,981

 

The charge to Cost of goods sold for obsolete inventory was $214,315 and $821,782 for the three and six months ended June 30, 2022, respectively.