XML 23 R13.htm IDEA: XBRL DOCUMENT v3.22.1
Inventories
3 Months Ended
Mar. 31, 2022
Inventory Disclosure [Abstract]  
Inventories

NOTE 5 – INVENTORIES

Inventories, net consist of the following:

 

 

 

March 31,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Raw materials

 

$

8,334,178

 

 

$

5,603,868

 

Sub-assemblies

 

 

289,304

 

 

 

495,320

 

Work-in-process

 

 

624,607

 

 

 

518,838

 

Finished goods

 

 

7,764,973

 

 

 

6,228,892

 

 

 

 

17,013,062

 

 

 

12,846,918

 

Less:  reserves for obsolete and slow-moving inventories

 

 

(582,678

)

 

 

(569,045

)

 

 

$

16,430,384

 

 

$

12,277,873