General form of registration statement for all companies including face-amount certificate companies

Note 4 - Inventories

Note 4 - Inventories
12 Months Ended
Sep. 30, 2022
Notes to Financial Statements  
Inventory Disclosure [Text Block]




Inventories consist of the following:



September 30,


September 30,






Finished Goods

  $ 9,063     $ 249,571  


    1,405,785       844,194  


  $ 1,414,848     $ 1,093,765  


The Company capitalizes inventory that has been produced for commercial sale and has been determined to have a probable future economic benefit. The determination of whether or not the inventory has a future economic benefit requires estimates by management, to the extent that inventory is expected to expire prior to being sold or used for research and development or used for samples, the Company will write down the value of inventory. In evaluating the net realizable value of the inventory, appropriate consideration is given to obsolescence, excessive levels, deterioration, and other factors.