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

Inventories (Tables)

v3.21.1
Inventories (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Accounting Policies [Abstract]    
Schedule of Inventories

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

 

    March 31,   December 31,
    2021   2020
Raw materials   $ 945,883     $ 763,633  
Work in process     215,507       173,043  
Finished product     90,417       —  
Total inventory   $ 1,251,807     $ 936,676  

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

 

    2020     2019  
             
Raw materials   $ 763,633     $ 511,166  
Work in process     173,043       192,990  
                 
Total inventory   $ 936,676     $ 704,156