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Note D - Inventories
12 Months Ended
Dec. 31, 2021
Notes to Financial Statements  
Inventory Disclosure [Text Block]

NOTE D — INVENTORIES

 

Inventories, net consist of the following:

 

December 31, 2021

  

December 31, 2020

 
         

Dental finished goods, net

 $342,465  $1,888,141 

Medical finished goods, net

  1,119,709   200,327 

Component parts and other materials

  79,339   331,711 

Total inventories

 $1,541,513  $2,420,179 

 

The Company recorded an allowance on slow moving Medical finished goods of approximately $450,000 as of December 31, 2021 and 2020. The Company recorded an allowance on slow moving Dental finished goods of approximately $- and $3,000 as of December 31, 2021 and 2020, respectively. The reserve for the Medical finished goods was provided due to the delay in commercialization of intra-articular medical instruments.