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Inventory (Tables)
9 Months Ended
Sep. 30, 2012
Inventory Tables  
Inventory

Inventory, consisting of materials, labor and manufacturing overhead, is stated at the lower of cost (first-in, first-out) or market and consisted of the following at:

 

   

September 30,

2012

   

December 31,

2011

 
Raw Materials   $ 4,237,000     $ 4,431,000  
Work In Progress     3,000       144,000  
Finished Goods     587,000       644,000  
Reserve for Obsolescence     (1,967,000 )     (1,183,000 )
Total   $ 2,860,000     $ 4,036,000