You have just acquired an inventory object.

[ToggleInventoryMenu] opens your inventory screen.

Use the inventory screen to read descriptions of items, equip, drop, or move them into different inventory slots.

You can select an item by highlighting it with [Arrows] and pressing [Frob]. Once an item is selected, press [Frob] to equip it.

For quick access to an item, Move it to the toolbelt on the left side of your on-screen interface.

Move an item by highlighting it with [Arrows] and pressing [Frob]. Highlight the slot you wish to move the item to and press [Frob] again.