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Inventory
6 Months Ended
Jun. 30, 2023
Inventory  
Inventory

4. Inventory

 

Inventory stated at cost, net of reserve, consisted of the following:

 

 

 

June 30,

 

 

December 31,

 

 

 

2023

 

 

2022

 

Raw materials

 

$354,175

 

 

$393,253

 

Work in process

 

 

67,736

 

 

 

111,119

 

Finished goods

 

 

106,203

 

 

 

90,850

 

Total

 

$528,114

 

 

$595,222

 

 

Inventory write-downs to estimated net realizable values were $14,694 and $ 57,474 for the three and six months ended June 30, 2023, respectively, compared to nil for the three and six months ended June 30, 2022.