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NOTE 4 — Inventories

3 Months Ended

Mar. 31, 2024

Inventory Disclosure [Abstract]

NOTE 4 — Inventories

NOTE 4 — Inventories

Inventories consist principally of raw materials and sub-assemblies, which are stated at the lower of cost (first-in, first-out) or market. Inventories on March 31, 2024 and December 31, 2023 were as follows:

		March 31,				December 31,
		2024				2023
Raw materials and sub-assemblies		$	6,058,394			$	5,839,176
Finished goods			315,975				500,814
Inventory reserves			(960,943	)			(930,943	)
Inventory, net		$	5,413,426			$	5,409,047

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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
-Topic 330
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/330/tableOfContent

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