Annual report pursuant to Section 13 and 15(d)

Inventories

v3.3.1.900
Inventories
12 Months Ended
Dec. 31, 2015
Inventory Disclosure [Abstract]  
Inventories

Note 7 - Inventories

 

Inventories at December 31, 2015 and 2014 consists of the following categories:

  

    2015     2014  
Raw Materials   $ 348,216     $ 413,897  
Sub-Assemblies     786,656       433,793  
Finished Goods     25,721       86,365  
Reserve for Obsolescence     (28,939 )     (28,939 )
    $ 1,131,654     $ 905,116  

 

 For the years ended December 31, 2015 and 2014 $- was charged to cost of goods sold for obsolete inventory.