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Inventory
12 Months Ended
Dec. 31, 2020
Inventory Disclosure [Abstract]  
Inventory

Note 3. Inventory

 

Inventory consisted of the following as of:

 

    December 31, 2020     December 31, 2019  
             
Raw materials and work in process   $ 3,636,649     $ 2,070,066  
Reserve     (120,652 )     (120,652 )
                 
Total inventory   $ 3,515,997     $ 1,949,414  

 

During 2020 and 2019, the Company evaluated the useful life of its spare parts inventory. As a result of this evaluation, the Company classified $500,114 and $351,236 of spare replacement parts as Other Assets, long-term on the Balance Sheet at December 31, 2020 and 2019, respectively. In addition, during 2020 and 2019, the Company transferred $724,811 and $292,138, respectively, from inventory to property and equipment.