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INVENTORY (DETAILS) - USD ($)	Mar. 31, 2016	Dec. 31, 2015
Inventory Details
Raw materials	$ 12,329,926	$ 14,699,736
Work in process	618,329	0
Finished goods	3,665,108	3,380,109
Inventory gross	16,613,363	18,079,845
Obsolescence reserve	(6,696,224)	(8,417,095)
Total Inventory	$ 9,917,139	$ 9,662,750

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Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.

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Amount before valuation and LIFO reserves of completed merchandise or goods expected to be sold within one year or operating cycle, if longer.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
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Gross amount, as of the balance sheet date, of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

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Amount before valuation and LIFO reserves of raw materials expected to be sold, or consumed within one year or operating cycle, if longer.

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Amount of valuation reserve for inventory.

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Amount before valuation and LIFO reserves of merchandise or goods in the production process expected to be completed within one year or operating cycle, if longer.

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