Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES

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INVENTORIES
6 Months Ended
Jun. 30, 2021
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES
Inventories consisted of the following at each balance sheet date:
As of
June 30, 2021 December 31, 2020
Raw materials $ 356,899  $ 328,772 
Finished goods 8,578,380  9,229,298 
Work in process —  — 
Subtotal 8,935,279  9,558,070 
Reserve for obsolescence (1,023,283) (1,143,298)
Total $ 7,911,996  $ 8,414,772