XML 18 R8.htm IDEA: XBRL DOCUMENT v3.21.2
Inventory
6 Months Ended
Jun. 30, 2021
Inventory Disclosure [Abstract]  
Inventory

Note 2. Inventory

 

Inventory consisted of the following as of:

 

   June 30, 2021   December 31, 2020 
         
Raw materials and work in process  $5,542,625   $3,636,649 
Reserve   (333,030)   (120,652)
           
Total inventory  $5,209,595   $3,515,997 

 

The Company regularly evaluates the useful life of its spare parts inventory and as a result, the Company classified $478,966 and $500,114 of spare parts as Other Assets, long-term on the Balance Sheet at June 30, 2021 and December 31, 2020, respectively.