Inventories, Net - Components of Inventories (Detail) - USD ($) |
Sep. 30, 2021 |
Dec. 31, 2020 |
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Inventories, Net | ||
Purchased Parts and Components | $ 8,785,171 | $ 5,252,709 |
Work in Process | 203,103 | 1,381,677 |
Finished Goods | 2,180,435 | 3,352,057 |
Less: Reserve for Obsolescence | (1,288,372) | (3,885,619) |
Inventories, Net | $ 9,880,337 | $ 6,100,824 |
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- References No definition available.
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- Definition Amount before valuation and LIFO reserves of completed merchandise or goods expected to be sold within one year or operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Gross amount of unprocessed materials to be used in manufacturing or production process and supplies that will be consumed. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of valuation reserve for inventory. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before valuation and LIFO reserves of merchandise or goods in the production process expected to be completed within one year or operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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