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Note 3 - Inventories

3 Months Ended

Mar. 31, 2018

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 March 31, 2018 and December 31, 2017 were as follows:

		March 31,				December 31,
		2018				2017
Raw materials and sub-assemblies		$	3,079,027			$	3,016,327
Finished goods			72,531				67,120
Inventory reserves			(872,310	)			(885,181	)
Inventory, net		$	2,279,248			$	2,198,266

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- References

No definition available.

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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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI http://asc.fasb.org/topic&trid=2126998

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