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Inventories
6 Months Ended
Jun. 30, 2020
Inventory Disclosure [Abstract]  
INVENTORIES
6. INVENTORIES

 

Inventories as of June 30, 2020 and December 31, 2019 consist of the following:

 

   June 30,
2020
   December 31,
2019
 
         
Raw materials  $23,353   $25,985 
Work in progress   768    779 
Finished goods   791,162    1,060,615 
Total inventories  $815,283   $1,087,379 
Less: inventory impairment loss   (2,363)   (2,363)
Inventories, net   812,920    1,085,016 

 

During the six months ended June 30, 2020 and 2019, write-downs of inventories to lower of cost or net realizable value was $0 and $114, respectively, which were charged as cost of revenues.