Stryve Foods, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Inventory, Net (Tables)

Inventory, Net (Tables)

9 Months Ended

Sep. 30, 2023

As of September 30, 2023, and December 31, 2022, inventory consisted of the following:


	September 30, 2023		December 31, 2022
Raw materials	$	1,500,258	$	1,614,712
Work in process		364,776		308,569
Finished goods		4,408,333		6,335,361
Total Inventory, net	$	6,273,367	$	8,258,642

Reserves for inventory obsolescence are recorded as necessary to reduce obsolete inventory to estimated net realizable value or to specifically reserve for obsolete inventory. As of September 30, 2023 and December 31, 2022 the reserve for slow moving and obsolete inventory was $713,366 and $708,858 respectively. Inventory write-offs for the three and nine months ended September 30, 2023 was $86,461 and $66,659, respectively. Inventory write-offs for the three and nine months ended September 30, 2022, was $34,720 and $856,502, respectively.