| INVENTORIES |
NOTE 5. INVENTORIES
Inventories consisted of the following:
| | |
March 31,
2025 | | |
December 31,
2024 | |
| Inventory – work in progress | |
$ | 4,173,898 | | |
$ | 4,480,440 | |
| Inventory – work in progress shipping and consumables | |
| 735,636 | | |
| 640,675 | |
| Inventory – work in progress labor | |
| 796,800 | | |
| 699,087 | |
| Resale inventory | |
| 1,046,995 | | |
| 931,990 | |
| Finished goods | |
| 3,139,558 | | |
| 3,832,907 | |
| Overhead costs allocated to inventory | |
| 546,809 | | |
| 596,707 | |
| | |
$ | 10,439,696 | | |
$ | 11,181,806 | |
|
NOTE 6. INVENTORIES
Inventories consisted of the following:
| | |
December 31, | |
| | |
2024 | | |
2023 | |
| | |
| | |
| |
| Inventory – work in progress | |
$ | 4,480,440 | | |
$ | 1,494,795 | |
| Inventory – work in progress shipping and consumables | |
| 640,675 | | |
| 373,979 | |
| Inventory – work in progress labor | |
| 699,087 | | |
| 421,880 | |
| Resale inventory | |
| 931,990 | | |
| 1,110,620 | |
| Overhead allocated to inventory | |
| 596,707 | | |
| 458,258 | |
| Finished goods | |
| 3,832,907 | | |
| 5,748,234 | |
| Total inventory | |
$ | 11,181,806 | | |
$ | 9,607,766 | |
|