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Inventory | 6 Months Ended
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Jun. 30, 2022
Inventory Disclosure [Abstract] |
Inventory | NOTE 4 – Inventory Inventory was comprised of the following as of June 30, 2022 and December 31, 2021: Schedule of Inventory
|  | June 30, |  |  | December 31, |
|  | 2022 |  |  | 2021 |
Inventory |  | $ | 13,649,741 |  |  | $ | 5,852,658 |
Inventory-In-Transit |  |  | 1,305,517 |  |  |  | 1,373,926 |
Allowance |  |  | (353,912 | ) |  |  | (184,720 | )
Total |  | $ | 14,601,346 |  |  | $ | 7,041,864 |
For the fiscal period June 30, 2022 and December 31, 2021, the Company recorded inventory provision as follows: Schedule of Inventory Provision
|  | June 30, |  |  | December 31, |
|  | 2022 |  |  | 2021 |
Allowance of inventory |  |  |  |  |  |  |  |
Beginning balance |  | $ | 184,720 |  |  | $ | 431,313 |
Provision |  |  | 228,296 |  |  |  | 116,359 |
Write off |  |  | (59,104 | ) |  |  | (362,952 | )
Ending balance |  | $ | 353,912 |  |  | $ | 184,720 |
HOUR LOOP, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS June 30, 2022 (Unaudited)

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- References No definition available. + Details
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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI https://asc.fasb.org/topic&trid=2126998 + Details
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