Quarterly report pursuant to sections 13 or 15(d)

Inventories (Tables)

v2.4.0.8
Inventories (Tables)
6 Months Ended
Jun. 30, 2013
Components of Inventories

Inventories consist of the following:

 

     June 30,
2013
    December 31,
2012
 

Raw materials

   $ 747,705      $ 1,552,267   

Finished goods

     1,685,311        2,693,439   
  

 

 

   

 

 

 
     2,433,016        4,245,706   

Less: inventory reserve

     (319,757     (1,669,253
  

 

 

   

 

 

 

Net inventories

   $ 2,113,259      $ 2,576,453