Inventory

3 Months Ended

Mar. 31, 2020

PaymentOnCapitalLease

Inventory

Note 2.  Inventory

Inventory consists of the following:

	March 31, 2020		December 31, 2019
Finished products	$	1,443,495	$	1,046,629
Raw materials and work in process		399,564		421,581
Inventory	$	1,843,059	$	1,468,210

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

Slot machine cabinets, which are manufactured by a third-party, 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.