Note E - Inventories
|12 Months Ended|
Dec. 31, 2018
|Notes to Financial Statements|
|Inventory Disclosure [Text Block]||
NOTE E — INVENTORIES
December 31, 2018,a reserve for slow moving medical finished goods of
$454,183and damaged slow moving dental finished goods of
$309,196was recorded. At
December 31 ,2017a reserve for slow moving medical finished goods of
$220,000was recorded. The reserve for the medical finished goods was provided due to the delay in commercialization of the intra-articular medical instrument.
The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef