Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.22.4
Inventories
9 Months Ended
Sep. 30, 2022
Inventory Disclosure [Abstract]  
Inventories

NOTE 5 - Inventories

 

As of September 30, 2022 and December 31, 2021, inventories consisted of the following:

  

    September 30,
2022
    December 31,
2021
 
    (Unaudited)        
Satellite equipment for sale under construction   $ 1,366,282     $ 1,366,282  
Supplies     4,822       5,125  
      1,371,104       1,371,407  
Allowance for inventory loss     (4,822 )     (5,125 )
Net   $ 1,366,282     $ 1,366,282