INVENTORIES (Tables)

3 Months Ended

Mar. 31, 2015

INVENTORIES [Abstract]

Schedule of inventory, net of reserves

The Company’s total inventories, net of reserves, consisted of the following as of March 31, 2015 and December 31, 2014:

	March 31, 2015			December 31, 2014
Raw materials	$	5,410,016		$	4,917,399
Work-in-process		6,141,611			6,292,679
Finished goods		26,890,920			27,985,067
Finished goods on consignment		219,769			677,484
Less inventory reserves		(1,138,000	)		(934,000	)
Total	$	37,524,316		$	38,938,629
Current portion	$	13,927,427		$	13,320,639
Long-term portion		23,596,889			25,617,990
Total	$	37,524,316		$	38,938,629