Quarterly report pursuant to Section 13 or 15(d)

Inventory

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Inventory
3 Months Ended
Mar. 31, 2016
Inventory  
Inventory
3. Inventory

 

Inventory consists of the following as of:

 

    March 31,
2016
    December 31,
2015
 
Raw materials and work in process   $ 820,907     $ 853,034  
Software licenses     109,800       179,400  
Finished goods     639,372       775,461  
Inventory included in current assets     1,570,078       1,807,895  
Software licenses – non-current     989,600       937,100  
    $ 2,559,678     $ 2,744,995