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INVENTORY

12 Months Ended

Dec. 31, 2016

INVENTORY

INVENTORY

NOTE 2 – INVENTORY

Inventory consisted of the following:

		December 31,			December 31,
		2016			2015
Raw materials		$	11,562,388		$	14,699,736
Work in process			360,550			—
Finished goods			1,530,641			3,380,109
			13,453,579			18,079,845
Obsolescence reserve			(6,142,640	)		(8,417,095	)
Total Inventory		$	7,310,939		$	9,662,750

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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://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.6)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766

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