Schedule II-Schedule of Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2022

Schedule II - Schedule of Valuation and Qualifying Accounts

Schedule II - Schedule of Valuation and Qualifying Accounts

Item 15. Exhibits, Financial Statement Schedules.

(a) (1)  All financial statements: See Retractable Technologies, Inc. Index to Financial Statements on Page F-2.

(2)  Those financial statement schedules required to be filed by Item 8 of this form, and by paragraph (b) below. Schedule II-Schedule of Valuation and Qualifying Accounts for the years ended December 31, 2022, 2021, and 2020:

	Balance at						Balance at
	beginning of						end of
	period		Additions		Deductions		period
Provision for Accounts Receivable
Fiscal year ended 2020	$	146,382	$	125,000	$	65,560	$	205,822
Fiscal year ended 2021	$	205,822	$	150,000	$	3,605	$	352,217
Fiscal year ended 2022	$	352,217	$	322,991	$	—	$	675,208
Deferred Tax Valuation
Fiscal year ended 2020	$	5,029,838	$	—	$	5,029,838	$	—
Fiscal year ended 2021	$	—	$	—	$	—	$	—
Fiscal year ended 2022	$	—	$	282,713	$	—	$	282,713

	Balance at						Balance at
	beginning of						end of
	period		Additions		Deductions		period
				(A)		(B)		(C)
Provision for Rebates
Fiscal year ended 2020	$	4,273,569	$	26,104,612	$	26,566,256	$	3,811,925
Fiscal year ended 2021	$	3,811,925	$	36,230,028	$	33,403,838	$	6,638,115
Fiscal year ended 2022	$	6,638,115	$	22,978,339	$	26,356,187	$	3,260,267

(A) Represents estimated rebates deducted from gross revenues.

(B) Represents rebates credited to the distributor and charge offs against the allowance.

(C) Includes $2,950,155; $6,209,708; and $3,435,352 in Accounts payable for 2022, 2021, and 2020, respectively.