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

Inventory

v3.5.0.2
Inventory
6 Months Ended 12 Months Ended
Jun. 30, 2016
Dec. 31, 2015
Inventory Disclosure [Abstract]    
Inventory
3. Inventory

 

Inventory consists of the following as of:

  

    June 30,
2016
    December 31,
2015
 
Raw materials and work in process   $ 870,091     $ 853,034  
Software licenses     122,500       179,400  
Finished goods     651,504       775,461  
 Inventory included in current assets     1,644,095       1,807,895  
Software licenses – non-current     976,900       937,100  
    $ 2,620,995     $ 2,744,995  
3. Inventory

 

Inventory consists of the following as of December 31:

 

    2015   2014
Raw materials and work in process   $ 853,034     $ 749,504  
Software licenses     179,400       350,000  
Finished goods     775,461       865,535  
Inventory included in current assets     1,807,895       1,965,039  
Software licenses – non-current     937,100       910,000  
    $ 2,744,995     $ 2,875,039  

 

Certain December 31, 2014 amounts have been reclassified to conform to the December 31, 2015 classification.