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Inventories

9 Months Ended

Sep. 30, 2017

Inventory Disclosure [Abstract]

Inventories

NOTE 3 — Inventories

Inventories consist principally of raw materials and sub-assemblies, which are stated at the lower of cost (first-in, first-out) or market. Inventories at September 30, 2017 and December 31, 2016 were as follows:

		September 30,				December 31,
		2017				2016
Raw materials and sub-assemblies		$	3,279,490			$	2,665,185
Finished goods			151,655				64,359
Inventory reserves			(1,184,856	)			(1,192,105	)
Inventories, net		$	2,246,289			$	1,537,439

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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/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI http://asc.fasb.org/topic&trid=2126998

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