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Note E - Inventory

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Inventory Disclosure [Text Block]

NOTE E—INVENTORY

Inventory is stated at the lower of cost, determined on a

first

in,

first

out basis, or market, and consists primarily of fabricated assemblies and finished goods. Inventory is comprised of the following as of

December

31:

 

		2016				2015
Current
Finished goods			381,762				66,475
Fabricated assemblies			83,666				102,170
Total current inventory		$	465,428			$	168,645

The Company reclassified resalable software license rights of

$180,000

from finished goods inventory to software license rights to conform to the current year presentation.  See Note F.

X

- References

No definition available.

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X

- 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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