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INVENTORIES
 12 Months Ended
Dec. 31, 2016
INVENTORIES  
INVENTORIES

 

3.INVENTORIES

 

Inventories consist of the following:

 

 

Year Ended December 31,

 

 

 

2016

 

2015

 

Raw materials

 

$
1,303,278

 

$
1,664,241

 

Finished goods

 
6,309,469

 
5,313,779

 

 

 

 

 

 

 

 

 
7,612,747

 
6,978,020

 

Inventory reserve

 
(595,523

)
(681,395

)

 

 

 

 

 

 

 

 

$
7,017,224

 

$
6,296,625