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Inventories
9 Months Ended
Sep. 30, 2018
Inventory Disclosure [Abstract]  
Inventories

3. Inventories

 

Inventories consist of the following:

 

    September 30,
2018
    December 31,
2017
 
             
Raw materials   $ 2,708,752     $ 2,528,270  
Work in process     51,341       4,836  
Finished goods     3,012,800       2,515,637  
Reserve for obsolescence     (4,570,436 )     (3,901,772 )
Total inventory   $ 1,202,457     $ 1,146,971  

 

During 2018, Stereotaxis recorded non-cash obsolescence charges on the receipt of committed inventory related to its Niobe ES product line.