Quarterly report pursuant to Section 13 or 15(d)

INVENTORY

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INVENTORY
3 Months Ended
Mar. 31, 2022
Inventory Disclosure [Abstract]  
INVENTORY

NOTE 3 – INVENTORY

 

Inventory consists of the following:

               
    March 31,
2022
   

December 31,

2021

 
Raw materials   $ 2,968,263     $ 1,822,306  
Work in process     187,476       45,444  
Finished goods     572,707       341,265  
Total inventory   $ 3,728,446     $ 2,209,015  

 

The Company has purchase commitments for future payments due for inventory where initial deposits were paid as of March 31, 2022. The total additional payments due subsequent to March 31, 2022 are $1,774,960.