Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.7.0.1
Inventories
 6 Months Ended
Jun. 30, 2017
Inventory Disclosure [Abstract]  
Inventories

Note 6 - Inventories

 

Inventories consists of the following categories:

 

    June 30, 2017     December 31, 2016  
Raw Materials   $ 487,218     $ 440,316  
Sub-Assemblies     912,627       907,989  
Finished Goods     810,381       749,488  
Reserve for Obsolescence     (43,527 )     (61,272 )
    $ 2,166,699     $ 2,036,521  

 

Obsolete inventory charged to cost of goods during the three and six months ended June 30, 2017 totaled $21,542 and $21,542 and $- and $2,968 was charged for the three and six months ended June 30, 2016.