Annual report pursuant to Section 13 and 15(d)

Inventory

v3.22.1
Inventory
 12 Months Ended
Dec. 31, 2021
Inventory Disclosure [Abstract]  
Inventory

Note 4 - Inventory

As of December 31, 2021 and 2020 inventory consisted of the following:

 

 

 

As of

 

 

As of

 

 

 

December 31,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Raw materials

 

$

2,188,284

 

 

$

1,068,259

 

Work in process

 

 

2,128,894

 

 

 

190,610

 

Finished goods

 

 

2,898,803

 

 

 

2,114,164

 

Total Inventory

 

$

7,215,981

 

 

$

3,373,033

 

 

As of December 31, 2021 and 2020, the reserve for slow moving and obsolete inventory was $170,482 and $444,485, respectively.