INVENTORY AND DEPOSITS

9 Months Ended

Sep. 30, 2023

Inventory Disclosure [Abstract]

INVENTORY AND DEPOSITS

NOTE 3 – INVENTORY AND DEPOSITS

Inventory and deposits include the following:

	September 30, 2023		December 31, 2022
	(unaudited)		(audited)
Inventory – finished goods	$	8,509,992	$	7,421,696
Inventory deposits		310,587		309,684
Total Inventory and deposits	$	8,820,579	$	7,731,380

With the integration of Champion, we eliminated the need to hold inventory with our American Rebel, Inc. subsidiary at its facility. We do not believe we have a risk of concentration in our purchasing of inventory materials, sourcing needs or manufacturing. As reported in our Annual Report filed on Form 10-K Champion added approximately $5,400,000 in inventory on the date of purchase less intercompany deposits of approximately $600,000 which is included in our balances as of December 31, 2022.