General form of registration statement for all companies including face-amount certificate companies

5. Inventory, net

v3.20.4
5. Inventory, net
 9 Months Ended 12 Months Ended
Sep. 30, 2020
Dec. 31, 2019
Inventory Disclosure [Abstract]    
Inventory, net

Note 5 – Inventory, net

 

At September 30, 2020 and December 31, 2019, inventory consisted of the following:

 

    September 30,
2020		     December 31,
2019		  
Parts   $ 52,674     $ 31,458  
Finished goods     80,885       102,889  
Total     133,559       134,347  
Less inventory reserve     (67,561 )     (71,414 )
Inventory, net   $ 65,998     $ 62,933  

Note 5 – Inventory, net

 

At December 31, 2019 and 2018, inventory consisted of the following:

 

    December 31,
2019		     December 31,
2018		  
Parts   $ 31,458     $ 44,974  
Finished goods     102,889       78,314  
Total     134,347       123,288  
Less inventory reserve     (71,414 )     (53,501 )
Inventory, net   $ 62,933     $ 69,787