Annual report pursuant to Section 13 and 15(d)

INVENTORY, NET

v3.7.0.1
INVENTORY, NET
12 Months Ended
Dec. 31, 2016
Inventory Disclosure [Abstract]  
INVENTORY, NET

NOTE 4. INVENTORY, NET

Inventory consisted of the following as of December 31, 2016 and 2015:

 

 

 

2016

 

 

2015

 

Raw materials and component parts

 

$

171,478

 

 

$

231,709

 

Work-in-process

 

 

151,671

 

 

 

39,463

 

Finished goods

 

 

128,956

 

 

 

170,528

 

Inventory, gross

 

 

452,105

 

 

 

441,700

 

Less: inventory reserve

 

 

(25,000

)

 

 

(30,000

)

Inventory, net

 

$

427,105

 

 

$

411,700