v3.26.1
Note 6 - Inventories
3 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Inventory Disclosure [Text Block]

NOTE 6 INVENTORIES

 

Inventories consisted of the following on March 31, 2026, and December 31, 2025:

 

   

March 31,

   

December 31,

 
   

2026

   

2025

 

Raw materials

  $ 3,671,510     $ 3,282,184  

Work in process

    2,267,951       2,402,158  

Finished goods and filtration systems

    1,438,643       1,755,674  

Reserve for obsolescence

    (899,990 )     (960,695 )

Total inventories, net

  $ 6,478,114     $ 6,479,321  

 

Inventory valuation adjustments for excess and obsolete inventory are calculated based on current inventory levels, movements, expected useful lives, and estimated future demand for the products.