Annual report [Section 13 and 15(d), not S-K Item 405]

INVENTORY

v3.26.1
INVENTORY
12 Months Ended
Dec. 31, 2025
Inventory Disclosure [Abstract]  
INVENTORY

NOTE 17 – INVENTORY

 

Inventory by major class are as follows:

 

   

December 31,

2025

   

December 31,

2024

 
Raw materials   $ 3,579,740     $ 1,484,997  
Finished goods     926,482       6,764,648  
Total inventory   $ 4,506,222     $ 8,249,645  

 

During the year ended December 31, 2025, the Company recorded inventory write downs of $661,154 to reduce certain items to their estimated net realizable value. No inventory impairment losses were recorded for the year ended December 31, 2024.