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Note 7 - Inventories
9 Months Ended
Sep. 30, 2014
Inventory Disclosure [Abstract]  
Inventory Disclosure [Text Block]
7. Inventories

Inventories consist of the following:


   

September 30,

2014

 

December 31,

2013

Raw materials   $ 6,843,441     $ 5,926,030  
Work-in-process     2,325,667       2,308,233  
Finished goods     4,413,348       2,762,522  
Total   $ 13,582,456     $ 10,996,785  

Inventories are stated at the lower of cost or market, with cost being determined using the first-in, first-out method. Work-in-process and finished goods inventories include materials, labor, and manufacturing overhead.