INVENTORY

12 Months Ended

Dec. 31, 2022

INVENTORY

INVENTORY

NOTE 4 – INVENTORY

As of December 31, 2022, and December 31, 2021, inventory, which consists primarily of the Company’s raw materials, finished products and packaging is stated at the following amounts:

	December 31,		December 31,
	2022		2021
Finished goods	$	109,879	$	41,088
Raw materials (Net of obsolescence allowance)		535,253		157,848
Total inventory at cost less obsolescence allowance	$	645,132	$	198,936

The Company identified a potential for obsolescence in particular raw materials and provided an allowance for this risk in full in the year ended December 31, 2020. As of December 31, 2022, and 2021, respectively, this allowance remains unchanged. This obsolescence allowance is continually re-evaluated and adjusted as necessary.