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Inventory
3 Months Ended
Mar. 31, 2024
Inventory Disclosure [Abstract]  
Inventory

4. Inventory

 

As of March 31, 2024 and December 31, 2023, inventory consists of the following:

 

   March 31, 2024   December 31, 2023 
Finished goods  $5,984,977   $1,717,669 
Promotional items   101,660    101,660 
Raw materials   453,209    1,812,163 
Inventory  $6,539,846   $3,631,492 

 

As of March 31, 2024, the value of finished goods on-hand increased due to stockpiling of hard tonneau covers, which have higher values than stockpiled soft tonneau covers, in preparation for 2024 sales campaigns.