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Inventory
3 Months Ended
Mar. 31, 2025
Inventory Disclosure [Abstract]  
Inventory

Note 3 – Inventory

 

Inventory consisted of the following:

 

   March 31,   December 31, 
   2025   2024 
Finished goods  $121,781   $132,289 
Raw materials   103,342    113,378 
Allowance for excess & obsolete inventory   (204,840)   (219,687)
Inventory, net  $20,283   $25,980 

 

Overhead expenses of $8,960 and $10,571 were included in the inventory balance as of March 31, 2025, and December 31, 2024, respectively.

 

Advance payments on inventory purchases are recorded in prepaid expenses until title for such inventory passes to the Company. Prepaid expenses included approximately $0 and $83,500 in advance payments for inventory as of March 31, 2025, and December 31, 2024, respectively.

 

 

CEA Industries Inc.

Notes to Condensed Consolidated Financial Statements

March 31, 2025

(in US Dollars except share numbers)

(Unaudited)