XML 23 R11.htm IDEA: XBRL DOCUMENT v3.21.1
Inventory
12 Months Ended
Dec. 31, 2020
Inventory Disclosure [Abstract]  
INVENTORY

Note 5. INVENTORY

 

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

 

   December 31,   December 31, 
   2020   2019 
         
Raw Materials  $3,951,000   $4,574,000 
Work In Progress   21,933,000    18,452,000 
Finished Goods   8,831,000    9,810,000 
Reserve   (2,595,000)   (4,190,000)
Total Inventory  $32,120,000   $28,646,000 

 

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