XML 28 R12.htm IDEA: XBRL DOCUMENT v3.25.1
Inventory
12 Months Ended
Dec. 31, 2024
Inventory [Abstract]  
INVENTORY

4. INVENTORY

 

Inventory consisted of the following:

 

   As of
December 31, 2024
   As of
December 31, 2023
 
Raw materials  $1,356,228   $1,594,028 
Work-in-process   5,746,865    5,815,194 
Finished goods   9,530    402,619 
Total  $7,112,623   $7,811,841 

 

These inventory figures are net of write-offs of scrapped inventory in the amounts of $406,565 and $527,133 during the years ended December 31, 2024 and 2023, respectively, that resulted principally from contamination events and other production process losses.