Note 4 - Inventories

6 Months Ended

Jun. 30, 2020

Notes to Financial Statements

Inventory Disclosure [Text Block]

NOTE

4

 — INVENTORIES

Inventories consist of the following:

	June 30, 2020		December 31, 2019
Dental finished goods, net	$	1,506,621	$	1,306,763
Medical finished goods, net		255,217		213,861
Component parts and other materials		90,615		99,885
Total inventories	$	1,852,453	$	1,620,509

On

June 30, 2020, 

there is a reserve for slow moving medical finished goods of approximately

$450,000

and damaged or slow moving dental finished goods of approximately

$9,500.

The reserve for the medical finished goods was primarily related to the delay in regulatory approval and commercialization of the intra-articular medical instrument. As of

December 31, 2019,

there is a reserve for slow moving medical finished goods of approximately

$450,000

and damaged or slow moving dental finished goods of approximately

$318,000.

Approximately

$308,000

 of the dental finished inventory reserved at

December 31, 2019

was destroyed during the

second

quarter of 

2020.