Note 4 - Inventory

9 Months Ended

Sep. 30, 2018

Notes to Financial Statements

Inventory Disclosure [Text Block]

4.

  INVENTORY

Inventory is valued at the lower of cost (

first

-in,

first

-out) or market and consists of:

	September 30, 2018		December 31, 2017
Raw materials and component parts	$	2,064,573	$	2,637,138
Work-in-process		1,419,666		523,644
Finished products		1,861,375		1,200,204
Total Inventory	$	5,345,614		4,360,986
Less: inventory reserves		203,092		457,505
Net Inventory	$	5,142,522	$	3,903,481