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Inventory, Net
6 Months Ended
Jun. 30, 2017
Inventory Disclosure [Abstract]  
Inventory, Net

Note 10 - Inventory, net

 

Inventory is stated at the lower of cost or net realizable value using the standard cost method and consists entirely of finished goods. The Company’s inventory as of June 30, 2017 and December 31, 2016 was as follows:

 

    June 30, 2017     December 31, 2016  
    (Unaudited)     (Audited)  
Total gross inventory, finished goods   $ 646,000     $ 528,000  
Less: inventory reserve     (43,000 )     (49,000 )
Total inventory, net   $ 603,000     $ 479,000