Quarterly report pursuant to Section 13 or 15(d)

INVENTORY

v3.22.2.2
INVENTORY
6 Months Ended
Jun. 30, 2022
Inventory Disclosure [Abstract]  
INVENTORY

NOTE 3 – INVENTORY

 

Inventory consists of the following:

           
    June 30,
2022
   

December 31,

2021

 
Raw materials   $ 1,973,524     $ 1,822,306  
Work in process     153,616       45,444  
Finished goods     406,177       341,265  
Total inventory   $ 2,533,317     $ 2,209,015  

 

The Company has purchase commitments for future payments due for inventory where initial deposits were paid as of June 30, 2022. The total additional payments due subsequent to June 30, 2022 are $1,986,296.