XML 31 R19.htm IDEA: XBRL DOCUMENT

NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES: e. Inventory (Policies)

9 Months Ended

Sep. 30, 2022

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:

	September 30, 2022		December 31, 2021
Location : Vista, CA
Raw materials	$	829,398	$	846,499
Finished goods		735,275		802,280
Allowance for obsolete inventory		(931,753)		(931,735)
Total	$	632,920	$	717,044

The Company has established an allowance for obsolete inventory. Expense for obsolete inventory was $0 and $51,165, for the periods ended September 30, 2022 and September 30, 2021, respectively.

- Definition

Disclosure of inventory accounting policy for inventory classes, including, but not limited to, basis for determining inventory amounts, methods by which amounts are added and removed from inventory classes, loss recognition on impairment of inventories, and situations in which inventories are stated above cost.

+ References + Details