Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES

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

NOTE E – INVENTORIES

 

Components of inventories as of September 30, 2021 and December 31, 2020 are as follows: 

           
    September 30,
2021
    December 31,
2020
 
Product purchased for resale   $ 1,398,522     $ 1,792,262  
Reserve for obsolescence     (543,908 )     (404,000 )
Inventory, net   $ 854,614     $ 1,388,262