Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES

v3.22.1
INVENTORIES
3 Months Ended
Mar. 31, 2022
Inventory Disclosure [Abstract]  
INVENTORIES

NOTE E – INVENTORIES

 

Components of inventories as of March 31, 2022 and December 31, 2021 are as follows: 

           
    March 31,
2022
    December 31,
2021
 
Product purchased for resale   $ 1,392,173     $ 1,269,056  
Reserve for obsolescence     (317,221 )     (443,497 )
Inventory, net   $ 1,074,952     $ 825,559