INVENTORY, NET

12 Months Ended

Dec. 31, 2021

Inventory Disclosure [Abstract]

INVENTORY, NET

NOTE 6. INVENTORY, NET

Inventory, net consisted of the following:

	December 31,		December 31,
	2021		2020
Raw materials	$	3,481,614	$	634,085
Work-in-progress		51,441		-
Finished goods		210,982		539,169
	$	3,744,037	$	1,173,254

Management has determined that the 411x selling price didn’t support increased freight in costs associated with increased costs of shipments from China, and as a result $1,080,583 was written down as of the year ended December 31, 2021, and $388,735 of obsolete 411 finished goods inventory was written of in the third quarter of 2021. Depreciation expense for fleet inventory for the years ended December 31, 2021 and 2020 was $95,544 and $123,121, respectively.