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INVENTORIES

12 Months Ended

Dec. 31, 2018

Inventory Disclosure [Abstract]

INVENTORIES

6. INVENTORIES

Inventories consist of the following:

		December 31,
		2017				2018
Raw materials		$	3,944,796			$	3,821,620
Work-in-process			6,536,395				5,711,848
Finished goods			5,202,299				5,915,899
Total		$	15,683,490			$	15,449,367

Inventory write-down was nil for the years ended December 31, 2016, 2017 and 2018. 

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- References

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI http://asc.fasb.org/topic&trid=2126998

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