Annual report pursuant to section 13 and 15(d)

Note 3 - Inventory

v2.4.0.8
Note 3 - Inventory
12 Months Ended
Dec. 31, 2012
Inventory Disclosure [Abstract]  
Inventory Disclosure [Text Block]

3.   Inventory


Inventory consists of the following as of December 31:


 

 

2012

 

 

2011

 

Work in process

 

$

494,290

 

 

$

454,366

 

Software license inventory

 

 

344,500

 

 

 

467,000

 

Finished goods

 

 

60,912

 

 

 

47,452

 

Inventory included in current assets

 

 

899,702

 

 

 

968,818

 

Software license inventory (see Note 10)

 

 

1,137,500

 

 

 

-

 

 

 

$

2,037,202

 

 

$

968,818