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NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES: e. Inventory (Policies)
3 Months Ended
Mar. 31, 2022
Policies  
e. Inventory

Inventory

 

Inventory is stated at the lower of cost or market.  The Company’s inventory consists of finished goods and raw material and is located in Vista, California, consisting of the following:

 

Location : Vista, CA

 

March 31,
2022

 

 

December 31,
2021

Raw materials

$

857,257

 

$

846,499

Finished goods

 

752,717

 

 

802,280

Allowance for obsolete inventory

 

(931,735)

 

 

(931,735)

Total

$

678,239

 

$

717,044

 

The Company has established an allowance for obsolete inventory.  Expense for obsolete inventory was $-0- and $24,901, for the periods ended March 31, 2022 and March 31, 2021, respectively.