Quarterly report pursuant to Section 13 or 15(d)

E. INVENTORIES

v3.20.1
E. INVENTORIES
3 Months Ended
Mar. 31, 2020
Inventory Disclosure [Abstract]  
INVENTORIES

NOTE E – INVENTORIES

 

Components of inventories as of March 31, 2020 and December 31, 2019 are as follows:

 

    March 31,
2020
  December 31,
2019
Product purchased for resale   $ 1,374,466     $ 1,613,733  
Reserve for obsolescence     (332,653 )     (240,659 )
Inventory, net   $ 1,041,813     $ 1,373,074