Annual report pursuant to Section 13 and 15(d)

Inventories, Net

v2.4.0.8
Inventories, Net
12 Months Ended
Dec. 31, 2013
Inventory Disclosure [Abstract]  
Inventories, Net
Note 8 — Inventories, Net
 
Inventories consisted of the following: 
 
 
 
December 31,
2013
 
December, 31,
2012
 
 
 
 
 
 
 
 
 
Purchased Parts and Components
 
$
1,094,250
 
$
945,550
 
Work in Process
 
 
153,065
 
 
46,259
 
Finished Goods
 
 
280,279
 
 
259,112
 
Less: Reserve for Obsolescence
 
 
(573,967)
 
 
(563,740)
 
 
 
 
 
 
 
 
 
Net
 
$
953,627
 
$
687,181