Quarterly report pursuant to Section 13 or 15(d)

Inventory

v3.21.2
Inventory
 9 Months Ended
Sep. 30, 2021
Inventory Disclosure [Abstract]  
Inventory

Note 4 - Inventory

As of September 30, 2021 and December 31, 2020, inventory consisted of the following:

 

 

 

As of

 

 

As of

 

 

 

September 30,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Raw materials

 

$

1,942,674

 

 

$

1,068,259

 

Work in process

 

 

1,212,711

 

 

 

190,610

 

Finished goods

 

 

2,359,145

 

 

 

2,114,164

 

Total Inventory

 

$

5,514,530

 

 

$

3,373,033

 
As of September 30, 2021 and December 31, 2020, the reserve for slow moving and obsolete inventory was $232,951 and $444,485, respectively.