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Inventory
9 Months Ended
Sep. 30, 2022
Inventory  
Inventory

6. Inventory

Inventory is comprised of the following items:

    

September 30, 

December 31,

    

2022

    

2021

Work-in-progress

$

14,352,153

$

15,167,522

Finished goods

 

4,100,000

 

4,580,158

Other

 

662,474

 

674,381

Total

$

19,114,627

$

20,422,061

Inventory is written down for any obsolescence, spoilage and excess inventory or when the net realizable value of inventory is less than the carrying value. Inventory valuation adjustments included in cost of sales on the statements of net loss and comprehensive loss is comprised of the following:

    

Three Months Ended September 30,

Nine Months Ended September 30,

    

2022

    

2021

2022

    

2021

Work-in-progress

$

87,300

$

278,000

$

3,412,243

$

278,000

Finished goods

 

43,700

 

73,000

 

210,167

 

186,000

Other

 

 

 

35,378

 

Total

$

131,000

$

351,000

$

3,657,788

$

464,000