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Inventory
9 Months Ended
Sep. 30, 2017
Inventory  
Inventory

3.  Inventory

 

Components of inventory as of September 30, 2017 and December 31, 2016 are as follows:

 

 

 

 

 

 

 

 

 

 

    

September 30, 

    

December 31, 

 

 

 

2017

 

2016

 

Raw Materials

 

$

10,868,301

 

$

10,903,084

 

Work in Process

 

 

231,381

 

 

86,452

 

Finished Goods

 

 

5,259,134

 

 

2,978,090

 

Total

 

$

16,358,816

 

$

13,967,626

 

 

 

 

 

 

 

 

 

 

As of September 30, 2017, we classified $1,494,175 of inventory as non-current all of which related to the active pharmaceutical ingredient for Triferic.