Quarterly report [Sections 13 or 15(d)]

Inventory

v3.25.1
Inventory
3 Months Ended
Mar. 31, 2025
Inventory Disclosure [Abstract]  
Inventory

Note 5. Inventory

 

As of March 31, 2025 and December 31, 2024, inventory is as follows:

 

    March 31,     December 31,  
    2025     2024  
Work in Process   $ 142,972     $ 255,716  
                 

 

Work in Process consists of components and related labor and other costs incurred on applicable contracts based on estimated total costs to complete. Related labor and other non-component costs for longer term contracts subject to contractual invoicing arrangement are reflected in contracts receivable.