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INVENTORY (Tables)
9 Months Ended
Sep. 30, 2017
Inventory Disclosure [Abstract]  
Inventory Stated at the Lower of Cost or Market
Inventory is stated at the lower of cost (determined on the first-in, first-out) or market and consists of the following at September 30, 2017 and December 31, 2016:
 
September 30, 2017
 
December 31, 2016
Raw materials
$
2,517,803

 
$
1,986,491

Work-in-process
2,552,517

 
1,186,162

Finished goods
878,690

 
129,459

 
$
5,949,010

 
$
3,302,112