Annual report pursuant to Section 13 and 15(d)

Inventories, Net (Tables)

v3.20.1
Inventories, Net (Tables)
12 Months Ended
Dec. 31, 2019
Inventories, Net  
Schedule of Inventories

Inventories consisted of the following:

 

 

 

 

 

 

 

 

 

December 31, 

 

December 31, 

 

    

2019

    

2018

Purchased Parts and Components

 

$

5,985,214

 

$

3,284,848

Work in Process

 

 

2,414,142

 

 

1,523,616

Finished Goods

 

 

2,096,744

 

 

2,837,183

Less: Reserve for Obsolescence

 

 

(4,788,233)

 

 

(363,845)

Inventories, Net

 

$

5,707,867

 

$

7,281,802