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INVENTORY
9 Months Ended
Sep. 30, 2021
INVENTORY [Abstract]  
INVENTORY
NOTE 4 — INVENTORY:

Inventories are presented net of reserves and consisted of the following:

 
September 30, 2021
   
December 31, 2020
 
Raw materials
 
$
7,549,851
   
$
5,955,215
 
Work in process
   
7,244,946
     
2,549,516
 
Finished goods
   
2,010,872
     
4,011,671
 
   
$
16,805,669
   
$
12,516,402
 


During the three and nine months ended September 30, 2021, the Company recognized a charge of $0.1 million and $0.9 million, respectively, related to the write-down of inventory for products that were not salable, including as the result of the Company’s periodic review of the current status and future benefits of inventory.