Annual report pursuant to Section 13 and 15(d)

Inventories

v3.8.0.1
Inventories
12 Months Ended
Dec. 31, 2017
Inventory Disclosure [Abstract]  
Inventories

Note 8 - Inventories

 

Inventories consists of the following categories:

 

    December 31,  
    2017     2016  
Raw Materials   $ 458,441     $ 440,316  
Sub-Assemblies     696,318       907,989  
Finished Goods     720,951       749,488  
Reserve for Obsolescence     (30,429 )     (61,272 )
    $ 1,845,281     $ 2,036,521  

 

Obsolete inventory charged to cost of goods during the years ended December 31, 2017 and 2016 totaled $26,122 and $32,333.