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Inventory

12 Months Ended

Dec. 31, 2021

Inventory

Inventory

Note 6 – Inventory

Inventory consisted of the following:

​

​	​	​	​	​	​	​
​		December 31,			December 31,
​	​	2021		​	2020
Raw materials	​	$	542,062	​	$	489,750
Finished products	​		231,836	​		53,223
Work in process	​		295,800	​		128,278
Total Inventory	​	$	1,069,698	​	$	671,251

​

For the years ended December 31, 2021, 2020 and 2019, the Company recorded inventory markdown in the amounts of $359,501, $92,064 and $1,030,236, respectively.

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- References

No definition available.

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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 http://asc.fasb.org/topic&trid=2126998

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