Quarterly report pursuant to Section 13 or 15(d)

Note 4 - Inventories

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Note 4 - Inventories
6 Months Ended
Jun. 30, 2021
Notes to Financial Statements  
Inventory Disclosure [Text Block]

NOTE 4 — INVENTORIES

 

Inventories consist of the following:

   

June 30, 2021

   

December 31, 2020

 
                 

Dental finished goods, net

  $ 764,434     $ 1,888,141  

Medical finished goods, net

    533,633       200,327  

Component parts and other materials

    181,324       331,711  

Total inventories

  $ 1,479,391     $ 2,420,179  

 

On June 30, 2021, there are allowances for slow moving medical finished goods of approximately $450,000. As of December 31, 2020, there are allowances for slow moving medical finished goods of approximately $450,000 and damaged slow moving dental finished goods of approximately $3,000.