Inventory

3 Months Ended

Mar. 31, 2019

PaymentOnCapitalLease

Inventory

Note 2.  Inventory

Inventory consists of the following:

	March 31, 2019		December 31, 2018
Finished products	$	423,105	$	403,080
Raw materials and work in process		204,259		181,141
Inventory	$	627,364	$	584,221

Inventory is stated at the lower of cost using the first-in, first-out method, or net realizable value.

During 2018, the Company started using a new slot machine cabinet design for lease and sale. The cabinets, which are manufactured by a third-party and include monitors, toppers, stands and certain electronic components, are shown as finished products. Raw materials primarily consist of the flash drives, motherboards, spare parts and interchangeable electronic components for the slot machines.