Quarterly report pursuant to Section 13 or 15(d)

Organization and Summary of Significant Accounting Policies and Estimates (Tables)

v3.21.1
Organization and Summary of Significant Accounting Policies and Estimates (Tables)
3 Months Ended
Mar. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Accounts Receivable

Accounts receivable is comprised of the following at:

 

    March 31, 2021     December 31, 2020  
Accounts Receivable   $ 867,617     $ 629,630  
Less Allowance     (5,382 )     (13,873 )
    $ 862,235     $ 615,757  

Schedule of Useful Lives of Property and Equipment

Depreciation is provided for on a straight-line basis over the estimated useful lives of the related assets as follows:

 

Machinery and equipment 5 years
Computer equipment 3 years
Molds and tooling 5 years
Office furniture and equipment 5 years