Annual report pursuant to Section 13 and 15(d)

Inventories, Net (Tables)

v3.20.4
Inventories, Net (Tables)
12 Months Ended
Dec. 31, 2020
Inventories, Net  
Schedule of Inventories

Inventories consisted of the following:

December 31, 

December 31, 

    

2020

    

2019

Purchased Parts and Components

$

5,252,709

$

5,985,214

Work-in-Process

 

1,381,677

 

2,414,142

Finished Goods

 

3,352,057

 

2,096,744

Less: Reserve for Obsolescence

 

(3,885,619)

 

(4,788,233)

Inventories, Net

$

6,100,824

$

5,707,867