| Inventory |
Inventory
consists of the following as of:
| |
|
March
31,
2017 |
|
|
December
31,
2016 |
|
| Raw materials
and work in process |
|
$ |
1,214,884 |
|
|
$ |
1,025,368 |
|
| Software licenses |
|
|
105,000 |
|
|
|
70,000 |
|
| Finished
goods |
|
|
489,136 |
|
|
|
673,014 |
|
| Inventory
included in current assets |
|
|
1,809,020 |
|
|
|
1,768,382 |
|
| Software
licenses – non-current |
|
|
906,900 |
|
|
|
976,900 |
|
| |
|
$ |
2,715,920 |
|
|
$ |
2,745,282 |
|
|
3.
Inventory
Inventory
consists of the following as of December 31:
| |
|
2016 |
|
|
2015 |
|
| Raw materials
and work in process |
|
$ |
1,025,368 |
|
|
$ |
853,034 |
|
| Software licenses |
|
|
70,000 |
|
|
|
179,400 |
|
| Finished
goods |
|
|
673,014 |
|
|
|
775,461 |
|
| Inventory
included in current assets |
|
|
1,768,382 |
|
|
|
1,807,895 |
|
| Software
licenses – non-current |
|
|
976,900 |
|
|
|
937,100 |
|
| |
|
$ |
2,745,282 |
|
|
$ |
2,744,995 |
|
|