Note 4 - Inventory

12 Months Ended

Dec. 31, 2022

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, 2022		December 31, 2021
Raw materials and component parts	$	2,892,820	$	3,904,865
Work-in-process		5,158,252		3,949,647
Finished products		13,483,017		9,183,532
Total Inventory		21,534,089		17,038,044
Less: Inventory reserves		1,357,947		452,607
Net Inventory	$	20,176,142	$	16,585,437