v3.26.1
Inventory
3 Months Ended
Mar. 31, 2026
Inventory Disclosure [Abstract]  
Inventory

NOTE 3 - Inventory

 

Inventory was comprised of the following as of March 31, 2026 and December 31, 2025, respectively:

  

   March 31, 2026   December 31, 2025 
         
Inventory  $16,900,034   $16,061,329 
Inventory-in-transit   4,597,185    2,685,447 
Allowance   (409,455)   (447,841)
Total  $21,087,764   $18,298,935 

 

As of March 31, 2026 and December 31, 2025, $409,455 and $447,841 were written down from the cost of purchased inventory to their net realizable values, respectively. Full inventory allowance is recorded for the inventory SKU not sold for more than one year.

 

The allowance of inventory is recorded under cost of goods sold in the statements of operations.