Post-effective amendment to a registration statement that is not immediately effective upon filing

Inventory (Tables)

v3.7.0.1
Inventory (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2017
Dec. 31, 2016
Inventory Disclosure [Abstract]    
Schedule of 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  

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