INVENTORIES

6 Months Ended

Jun. 30, 2021

Inventory Disclosure [Abstract]

INVENTORIES

(4) INVENTORIES

Inventories consist of :	June 30, 2021		December 31, 2020
Raw materials	$	1,521,699	$	1,238,332
Work in process		7,414		84,203
Finished goods		18,049,917		15,182,305
Total	$	19,579,030	$	16,504,840

Finished goods include consigned inventory held by our customers of approximately $3.4 million at June 30, 2021 and approximately $2.3 million at December 31, 2020 and in-transit inventory of $5.6 million and $6.2 million at June 30, 2021 and December 31, 2020, respectively. The Company reviews inventory for obsolete and slow-moving products each quarter and makes provisions based on its estimate of the probability that the material will not be consumed or that it will be sold below cost. The provision for inventory reserves was $214 thousand and $139 thousand for the six months ended June 30, 2021 and the year ended December 31, 2020, respectively.