Annual report pursuant to Section 13 and 15(d)

Inventory

v3.23.1
Inventory
12 Months Ended
Dec. 31, 2022
Inventory [Abstract]
INVENTORY

NOTE 5 – INVENTORY

On December 31, 2022 and 2021, inventory consisted of the following:

December 31,
2022
December 31,
2021
Raw materials $ 1,501 $ 7,141
Finished goods 75,945 120,790
Inventory 77,446 127,931
Less: allowance for obsolete or slow-moving inventory
-
(45,000 )
Inventory, net $ 77,446 $ 82,931

For the years ended December 31, 2022 and 2021, a loss from allowance for slow moving inventory amounted to $0 and $45,000, respectively, and is included in cost of sales on the accompanying consolidated statements of operations.