INVENTORY

12 Months Ended

Dec. 31, 2023

INVENTORY

INVENTORY

NOTE 4 – INVENTORY

As of December 31, 2023, and December 31, 2022, inventory, which consists primarily of the Company’s raw materials, finished products is stated at the following amounts:

	December 31,		December 31,
	2023		2022
Finished goods	$	801,684	$	109,879
Raw materials (Net of obsolescence allowance)		1,740,944		535,252
Total inventory at cost less obsolescence allowance	$	2,542,628	$	645,132

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, 2023, and 2022, respectively, this allowance remains unchanged. This obsolescence allowance is continually re-evaluated and adjusted as necessary.