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

4. Inventory, net

v3.21.1
4. Inventory, net
 3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Inventory Disclosure [Abstract]    
Inventory, net

Note 4 – Inventory, net

 

At March 31, 2021 and December 31, 2020, inventory consisted of the following:

 

    March 31,
2021		     December 31,
2020		  
Parts   $ 40,180     $ 45,509  
Finished goods     51,903       67,549  
Total     92,083       113,058  
Less inventory reserve     (67,275 )     (70,562 )
Inventory, net   $ 24,808     $ 42,496  

Note 4 – Inventory, net

 

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

 

    December 31,
2020		     December 31,
2019		  
Parts   $ 45,509     $ 31,458  
Finished goods     67,549       102,889  
Total     113,058       134,347  
Less inventory reserve     (70,562 )     (71,414 )
Inventory, net   $ 42,496     $ 62,933