Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.20.2
Inventories
3 Months Ended
Mar. 31, 2020
Inventory Disclosure [Abstract]  
Inventories

NOTE 4 - Inventories

 

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

 

    March 31,
2020
    December 31,
2019
 
    (Unaudited)        
Satellite equipment for sale under construction   $ 4,294,987     $ 3,038,564  
Supplies     5,256       5,230  
      4,300,243       3,043,794  
Allowance for inventory loss     (5,256 )     (5,230 )
Net   $ 4,294,987     $ 3,038,564