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INVENTORIES

12 Months Ended

Dec. 31, 2020

Inventories

INVENTORIES

6. INVENTORIES

At December 31, 2020 and 2019, inventories consist of:

		2020				2019
Raw materials, parts and supplies		$	1,188,616			$	1,522,082
Work-in-progress			1,923,426				534,937
Finished products			261,809				424,492
Total inventories		$	3,373,851			$	2,481,511

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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://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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