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PROPERTY, PLANT AND EQUIPMENT (Tables)
6 Months Ended
Jun. 30, 2018
Property, Plant and Equipment [Abstract]  
Property, plant and equipment
The following table summarizes property, plant and equipment as of June 30, 2018 and December 31, 2017:
 
 
 
As of June 30,
 
As of December 31,
 
 
2018
 
2017
Building
 
$
5,828,960

 
$
5,828,960

Furniture, fixtures, computer hardware and computer software
 
489,421

 
489,421

Manufacturing machinery and equipment
 
30,327,481

 
30,327,481

Property, plant and equipment
 
36,645,862

 
36,645,862

Less: Accumulated depreciation and amortization
 
(32,130,988
)
 
(32,013,686
)
Net property, plant and equipment
 
$
4,514,874

 
$
4,632,176