Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.7.0.1
Inventories
 3 Months Ended
Mar. 31, 2017
Inventory Disclosure [Abstract]  
Inventories

Note 6 - Inventories

 

Inventories consists of the following categories:

 

    March 31,     December 31,  
    2017     2016  
Raw Materials   $ 429,978     $ 440,316  
Sub-Assemblies     972,648       907,989  
Finished Goods     796,045       749,488  
Reserve for Obsolescence     (28,939 )     (61,272 )
    $ 2,169,732     $ 2,036,521  

 

For the three months ended March 31, 2017 and 2016, $- and $2,968 was charged to cost of goods sold for obsolete inventory.