Galaxy Gaming, Inc. Quarterly report pursuant to Section 13 or 15(d)

INVENTORY (Tables)

9 Months Ended

Sep. 30, 2017

Inventory, net consisted of the following at September 30, 2017 and December 31, 2016:

	2017			2016
Raw materials and component parts	$	270,863		$	171,478
Finished goods		96,834			128,956
Work-in-process		182,846			151,671
Inventory, gross		550,543			452,105
Less: inventory reserve		(25,000	)		(25,000	)
Inventory, net	$	525,543		$	427,105