General form of registration statement for all companies including face-amount certificate companies

Inventory

v2.3.0.11
Inventory
 6 Months Ended 12 Months Ended
Jun. 30, 2012
Dec. 31, 2011
Inventory Disclosure [Text Block]
3.   Inventory

Inventory consists of the following as of:

   
June 30,
   
December 31,
 
   
2012
   
2011
 
Work in process
  $ 331,630     $ 454,366  
Software
    449,500       467,000  
Finished goods
    158,309       47,452  
Inventory included in current assets
    939,439       968,818  
Software license inventory
    1,137,500       -  
    $ 2,076,939     $ 968,818  

3. Inventory

Inventory consists of the following as of December 31:

 
  
2011
 
  
2010
 
Work in process
  
$
454,366
  
  
$
662,988
  
Software (Note 11)
  
 
467,000
  
  
 
664,300
  
Finished goods
  
 
47,452
  
  
 
283,154
  
 
  
$
968,818
  
  
$
1,610,442