Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES

v3.21.1
INVENTORIES
3 Months Ended
Mar. 31, 2021
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES
Inventories consisted of the following at each balance sheet date:

As of
March 31, 2021 December 31, 2020
Raw materials $ 362,324  $ 328,772 
Finished goods 8,854,546  9,229,298 
Work in process —  — 
Subtotal 9,216,870  9,558,070 
Reserve for obsolescence (1,112,338) (1,143,298)
Total $ 8,104,532  $ 8,414,772