Quarterly report pursuant to sections 13 or 15(d)

Inventories (Tables)

v2.4.0.6
Inventories (Tables)
3 Months Ended
Mar. 31, 2013
Components of Inventories

Inventories consist of the following:

 

     (Unaudited)        
     March 31
2013
    December 31,
2012
 

Raw materials

   $ 1,298,351      $ 1,552,267   

Finished goods

     2,606,721        2,693,439   
  

 

 

   

 

 

 
     3,905,072        4,245,706   

Less: inventory reserve

     (1,493,579     (1,669,253
  

 

 

   

 

 

 

Net inventories

   $ 2,411,493      $ 2,576,453