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INVENTORIES

12 Months Ended

Dec. 31, 2019

INVENTORIES

INVENTORIES

6. INVENTORIES

Inventories consist of the following:

		December 31,
		2018			2019
Raw materials		$	3,821,620		$	12,965,337
Work-in-process			5,711,848			7,262,021
Finished goods			5,915,899			16,164,105
Total		$	15,449,367		$	36,391,463

Inventory write-down was nil,  nil and $326,598 for the years ended December 31, 2017, 2018 and 2019.

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- References

No definition available.

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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://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI http://asc.fasb.org/topic&trid=2126998

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