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Inventories
12 Months Ended
Dec. 31, 2024
Inventory Disclosure [Abstract]  
Inventories

3. Inventories

Inventories consisted of:

 

 

 

December 31,

 

 

 

2024

 

 

2023

 

Finished goods

 

$

40,074,026

 

 

$

39,315,594

 

Work in process

 

 

247,260

 

 

 

208,212

 

Materials and supplies

 

 

15,933,097

 

 

 

15,946,186

 

Inventories:

 

$

56,254,383

 

 

$

55,469,992

 

 

Inventories are stated net of valuation allowances for slow moving and obsolete inventory of $1,254,121 as of December 31, 2024 and $1,338,211 as of December 31, 2023.