Quarterly report pursuant to Section 13 or 15(d)

INVENTORY

v3.23.2
INVENTORY
6 Months Ended
Jun. 30, 2023
Inventory Disclosure [Abstract]  
INVENTORY

NOTE 3 – INVENTORY

 

Inventory consists of the following: 

               
   

June 30,

2023

   

December 31,

2022

 
Raw materials   $ 2,071,795     $ 3,060,160  
Work in process           439,839  
Finished goods     2,621,943       2,145,884  
Total inventory   $ 4,693,738     $ 5,645,883  

 

The Company has purchase commitments for future payments due for inventory where initial deposits were paid as of June 30, 2023. The total additional payments due subsequent to June 30, 2023 are $463,967.