Quarterly report pursuant to Section 13 or 15(d)

E. INVENTORIES

v3.21.1
E. INVENTORIES
3 Months Ended
Mar. 31, 2021
Inventory Disclosure [Abstract]  
INVENTORIES

NOTE E – INVENTORIES

 

Components of inventories as of March 31, 2021 and December 31, 2020 are as follows:

 

    March 31,
2021
    December 31,
2020
 
Product purchased for resale   $ 1,600,565     $ 1,792,262  
Reserve for obsolescence     (435,782 )     (404,000 )
Inventory, net   $ 1,164,783     $ 1,388,262