Quarterly report pursuant to Section 13 or 15(d)

E. INVENTORIES

v3.20.2
E. INVENTORIES
6 Months Ended
Jun. 30, 2020
Inventory Disclosure [Abstract]  
INVENTORIES

NOTE E – INVENTORIES

 

Components of inventories as of June 30, 2020 and December 31, 2019 are as follows:

 

    June 30,
2020
    December 31,
2019
 
Product purchased for resale   $ 1,497,724     $ 1,613,733  
Reserve for obsolescence     (332,731 )     (240,659 )
Inventory, net   $ 1,164,993     $ 1,373,074