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2. INVENTORIES

12 Months Ended

Dec. 31, 2017

Inventory Disclosure [Abstract]

2. INVENTORIES

Inventories consist of:

		As of December 31,
		2017				2016
Raw materials		$	396,482			$	818,500
Finished goods			844,224				4,370,331
Work-in-process			-				692,850
Allowance for obsolete and slow-moving inventories			(43,921)				-
		$	1,196,785			$	5,881,681

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- References

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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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