Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES

v3.21.2
INVENTORIES
6 Months Ended
Jun. 30, 2021
Inventory Disclosure [Abstract]  
INVENTORIES

NOTE E – INVENTORIES

 

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

           
    June 30,
2021
    December 31,
2020
 
Product purchased for resale   $ 1,299,485     $ 1,792,262  
Reserve for obsolescence     (423,068 )     (404,000 )
Inventory, net   $ 876,417     $ 1,388,262