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Inventory
 12 Months Ended
Dec. 31, 2018
Inventory Disclosure [Abstract]  
INVENTORY

Note 5. INVENTORY

 

The components of inventory at December 31, consisted of the following:

 

   December 31,   December 31, 
   2018   2017 
         
Raw Materials  $4,622,000   $5,346,000 
Work In Progress   17,530,000    19,947,000 
Finished Goods   10,915,000    10,122,000 
Inventory Reserve   (4,016,000)   (4,274,000)
Total Inventory  $29,051,000   $31,141,000 

 

The Company periodically evaluates inventory and establishes reserves for obsolescence, excess quantities, slow-moving goods, and for other impairment of value.

 

   Balance at Beginning of Year   Additions to Reserve   Deductions
from
Reserves		   Balance at
End of Year		 
Year ended December 31, 2018                
Reserve for Inventory  $(4,274,000)  $(163,000)  $421,000   $(4,016,000)
Year ended December 31, 2017                    
Reserve for Inventory  $(3,776,000)  $(503,000)  $5,000   $(4,274,000)