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Inventory
12 Months Ended
Dec. 31, 2016
Inventory  
Inventory

7. INVENTORY

Components of inventory as of December 31, 2016 and 2015 are as follows:

 

 

 

 

 

 

 

 

 

    

December 31, 

    

December 31, 

 

 

 

2016

 

2015

 

Raw Materials

 

$

10,903,084

 

$

5,504,915

 

Work in Process

 

 

86,452

 

 

165,910

 

Finished Goods

 

 

2,978,090

 

 

2,200,955

 

Total

 

$

13,967,626

 

$

7,871,780

 

 

 

 

 

 

 

As of December 31, 2016, we classified $1,826,554 of inventory as non-current all of which related to the active pharmaceutical ingredient for Triferic.