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2. Inventory
3 Months Ended
Mar. 31, 2012
Inventory Disclosure [Abstract]  
2. Inventory

 

Inventory consists of the following:

 

   

March 31,

2012

   

December 31,

2011

 
                 
Raw materials   $ 921,883     $ 628,366  
Work-in-progress     1,648,599       2,056,771  
Finished goods     551,524       1,296,860  
Total inventory   $ 3,122,006     $ 3,981,997  

 

As of March 31, 2012 and December 31, 2011, the Company recognized a lower of cost or market reserve related to inventory of  $78,386 and $223,069, respectively.