Annual report pursuant to Section 13 and 15(d)

Inventory

v3.23.1
Inventory
 12 Months Ended
Dec. 31, 2022
Inventory [Abstract]  
INVENTORY

NOTE 5 – INVENTORY

 

On December 31, 2022 and 2021, inventory consisted of the following:

 

    December 31,
2022		     December 31,
2021		  
Raw materials   $ 1,501     $ 7,141  
Finished goods     75,945       120,790  
Inventory     77,446       127,931  
Less: allowance for obsolete or slow-moving inventory    
-
       (45,000 )
Inventory, net   $ 77,446     $ 82,931  

 

For the years ended December 31, 2022 and 2021, a loss from allowance for slow moving inventory amounted to $0 and $45,000, respectively, and is included in cost of sales on the accompanying consolidated statements of operations.