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5. INVENTORY (Tables) | 12 Months Ended
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Dec. 31, 2012
Inventory Tables |
Components of inventory | The components of inventory at December 31, consisted of the following:
|  | December 31, |  |  | December 31, |
|  | 2012 |  |  | 2011 |
Raw Materials |  | $ | 6,105,000 |  |  | $ | 5,209,000 |
Work In Progress |  |  | 16,730,000 |  |  |  | 12,094,000 |
Finished Goods |  |  | 6,653,000 |  |  |  | 7,021,000 |
Progress Payments Received |  |  | (525,000 | ) |  |  | - |
Inventory Reserve |  |  | (2,224,000 | ) |  |  | (1,803,000 | )
Total Inventory |  | $ | 26,739,000 |  |  | $ | 22,521,000 |

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- Definition Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 2 -Paragraph 6 -Subparagraph a,b,c -Article 5 + Details
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