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INVENTORIES
6 Months Ended
Jun. 30, 2026
Inventory Disclosure [Abstract]  
INVENTORIES

NOTE 3 — INVENTORIES

 

Inventories, net consisted of the following at:

 

   June 30,
2026
   December 31,
2025
 
Finished products  $165,923   $319,131 
Raw materials   483,000    472,863 
Work in progress   158,661    146,470 
Inventory, gross   807,584    938,464 
Allowance for obsolete inventory   (20,105)   (20,105)
Total inventory, net  $787,479   $918,359 

 

Net Loss from Liquidation of Raw Materials

 

The net loss on liquidation of raw materials for the three months ended June 30, 2026 and 2025 was $0 and $298,771, respectively, and for six months ended June 30, 2026 and 2025 was $0 and $684,960, respectively, attributable to the liquidation of certain raw material inventory outside the normal course of operations to support operating cash flow and working capital management, which resulted in proceeds below the inventory’s carrying value.