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INVENTORIES
3 Months Ended
Mar. 31, 2022
Inventory Disclosure [Abstract]  
INVENTORIES

NOTE 6. INVENTORIES

 

Inventories are comprised of finished compounded formulations, over-the-counter and prescription retail pharmacy products, commercial pharmaceutical products, related laboratory supplies and active pharmaceutical ingredients. The composition of inventories as of March 31, 2022 and December 31, 2021 was as follows:

 

   March 31, 2022  

December 31,

2021

 
Raw materials  $2,441,000   $2,441,000 
Work in progress   44,000    - 
Finished goods   1,911,000    1,776,000 
Total inventories  $4,396,000   $4,217,000