Quarterly report pursuant to Section 13 or 15(d)

Inventories, Net (Tables)

v3.10.0.1
Inventories, Net (Tables)
9 Months Ended
Sep. 30, 2018
Inventory Disclosure [Abstract]  
Schedule of Inventories
Inventories are stated at the lower of cost and net realizable value and consisted of the following:
 
 
 
September 30,
 
 
December 31,
 
 
 
2018
 
 
2017
 
 
 
 
 
 
 
 
Purchased Parts and Components
 
$
3,468,816
 
 
$
1,669,209
 
Work in Process
 
 
18,574
 
 
 
25,090
 
Finished Goods
 
 
3,990,662
 
 
 
2,994,342
 
Less: Reserve for Obsolescence
 
 
(675,459
)
 
 
(836,324
)
Net
 
$
6,802,593
 
 
$
3,852,317