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Inventory
12 Months Ended
Dec. 31, 2017
Inventory  
Inventory

7. INVENTORY

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

 

 

 

 

 

 

 

 

 

    

December 31, 

    

December 31, 

 

 

 

2017

 

2016

 

Raw Materials

 

$

10,604,232

 

$

10,903,084

 

Work in Process

 

 

212,505

 

 

86,452

 

Finished Goods

 

 

2,807,399

 

 

2,978,090

 

Total

 

$

13,624,136

 

$

13,967,626

 

 

 

 

 

 

 

As of December 31, 2017, we classified $5,986,752 of inventory as non-current all of which related to the active pharmaceutical ingredient for Triferic.