Note 4 - Inventory

12 Months Ended

Dec. 31, 2021

Notes to Financial Statements

Inventory Disclosure [Text Block]

4.    INVENTORY

Inventory is valued at the lower of cost (first-in, first-out) or net realizable value and consist of the following:

	December 31, 2021		December 31, 2020
Raw materials and component parts	$	3,904,865	$	3,897,133
Work-in-process		3,949,647		3,449,252
Finished products		9,183,532		3,999,920
Total Inventory		17,038,044		11,346,305
Less: Inventory reserves		452,607		315,345
Net Inventory	$	16,585,437	$	11,030,960