Quarterly report pursuant to Section 13 or 15(d)

Inventories

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Inventories
3 Months Ended
Mar. 31, 2018
Inventory Disclosure [Abstract]  
Inventories

Note 5 - Inventories

 

Inventories consists of the following categories:

 

    March 31, 2018     December 31, 2017  
          (restated)  
Raw Materials   $ 513,052     $ 458,441  
Sub-Assemblies     898,778       886,274  
Finished Goods     774,725       815,505  
Reserve for Obsolescence     (1,212,608 )     (1,212,608 )
    $ 973,947     $ 947,612  

 

Obsolete inventory charged to cost of goods during the three months ended March 31, 2018 and 2017 totaled $24,460 and a credit of $32,333.