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Schedule II-Schedule of Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2021

Schedule II - Schedule of Valuation and Qualifying Accounts

Schedule II - Schedule of Valuation and Qualifying Accounts

Item 15. Exhibits, Financial Statement Schedules.

(a) (1) All financial statements: See Retractable Technologies, Inc. Index to Financial Statements on Page F-2.

(2) Those financial statement schedules required to be filed by Item 8 of this form, and by paragraph (b) below. Schedule II-Schedule of Valuation and Qualifying Accounts for the years ended December 31, 2021, 2020, and 2019:


	Balance at
	beginning						Balance at
	of period		Additions		Deductions		end of period
Provision for Inventories
Fiscal year ended 2019	$	297,208	$	—	$	—	$	297,208
Fiscal year ended 2020	$	297,208	$	—	$	—	$	297,208
Fiscal year ended 2021	$	297,208	$	—	$	—	$	297,208

Provision for Accounts Receivable
Fiscal year ended 2019	$	149,665	$	—	$	3,283	$	146,382
Fiscal year ended 2020	$	146,382	$	125,000	$	65,560	$	205,822
Fiscal year ended 2021	$	205,822	$	150,000	$	3,605	$	352,217

Deferred Tax Valuation
Fiscal year ended 2019	$	6,151,398	$	—	$	1,121,560	$	5,029,838
Fiscal year ended 2020	$	5,029,838	$	—	$	5,029,838	$	—
Fiscal year ended 2021	$	—	$	—	$	—	$	—

Provision for Rebates				(A)		(B)		(C)
Fiscal year ended 2019	$	4,586,847	$	24,212,830	$	24,526,108	$	4,273,569
Fiscal year ended 2020	$	4,273,569	$	26,104,612	$	26,566,256	$	3,811,925
Fiscal year ended 2021	$	3,811,925	$	36,230,028	$	33,403,838	$	6,638,115

(A)	Represents estimated rebates deducted from gross revenues.

(B)	Represents rebates credited to the distributor and charge offs against the allowance.

(C)	Includes $6,209,708; $3,435,352; and $3,586,726 in Accounts payable for 2021, 2020, and 2019, respectively.