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Note D - Inventories
12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Inventory Disclosure [Text Block]

NOTE D INVENTORIES 

 

Inventories consist of the following:

 

   

December 31,

 
   

2025

   

2024

 

Raw materials

  $ 442,993     $ 448,113  

Work in process

    5,505       58,699  

Finished products

    1,059,265       945,183  

Total Inventories

  $ 1,507,763     $ 1,451,995  

 

Inventories are valued at the lower of cost and net realizable value. Net realizable value is equal to the selling price less the estimated costs of selling and/or disposing of the product. Cost is determined using the average cost method, which approximates cost determined by the first-in, first-out method. Finished product inventories on December 31, 2025 and December 31, 2024 are net of a reserve of $32,000 and $32,792, respectively.