Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES

v3.22.2.2
INVENTORIES
9 Months Ended
Sep. 30, 2022
Inventory Disclosure [Abstract]  
INVENTORIES

NOTE E – INVENTORIES

 

Components of inventories as of September 30, 2022 and December 31, 2021 are as follows:

               
   

September 30,

2022

   

December 31,

2021

 
Product purchased for resale   $ 1,551,676     $ 1,269,056  
Inventory - In Transit     235,000        
Inventory - Obsolescence Reserve     (378,234 )     (443,497 )
Inventory, net   $ 1,408,442     $ 825,559