Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.20.2
Inventories
6 Months Ended
Jun. 30, 2020
Inventory Disclosure [Abstract]  
Inventories

NOTE 3 – INVENTORIES

 

Inventories consist of the following as of:

 

    June 30, 2020
(Unaudited)
    December 31, 2019  
Raw materials   $ 759,400     $ 763,800  
Finished goods     323,848       414,031  
Total inventories   $ 1,083,248     $ 1,177,831  

 

As of June 30, 2020, and December 31, 2019, $759,400 and $763,800, respectively, in raw materials were held at the manufacturer’s facility for future production. Additionally, as of June 30, 2020, and December 31, 2019, $298,185 and $407,756, respectively, in finished goods were held at the manufacturer’s facility for shipment.