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Inventory, Net
9 Months Ended
Sep. 30, 2019
Inventory Disclosure [Abstract]  
Inventory, Net

Note 6 – Inventory, net

 

Inventory is stated at the lower of cost or net realizable value using the first-in, first-out method and consists of raw materials and finished goods. The Company’s inventory components as of September 30, 2019 and December 31, 2018 were as follows:

 

    September 30, 2019     December 31, 2018  
Finished goods     1,849,000     $ 1,633,000  
Raw materials     354,000       280,000  
Less: inventory reserve     (75,000 )     (49,000 )
Total inventory, net   $ 2,128,000     $ 1,864,000