Annual report pursuant to Section 13 and 15(d)

Inventories

v3.7.0.1
Inventories
 12 Months Ended
Dec. 31, 2016
Inventory Disclosure [Abstract]  
Inventories

Note 8 - Inventories

 

    Inventories at December 31, 2016 and 2015 consists of the following categories:

 

    2016     2015  
Raw Materials   $ 440,316     $ 348,216  
Sub-Assemblies     907,989       786,656  
Finished Goods     749,488       25,721  
Reserve for Obsolescence     (61,272 )     (28,939 )
    $ 2,036,521     $ 1,131,654  

 

    For the years ended December 31, 2016 and 2015 $32,333 and $- was charged to cost of goods sold for obsolete inventory.