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Inventories
6 Months Ended 12 Months Ended
Jun. 30, 2018
Dec. 31, 2017
Inventory Disclosure [Abstract]    
Inventories

NOTE 5 – INVENTORIES

 

Inventories consisted of the following at June 30, 2018 and December 31, 2017:

 

    2018     2017  
             
Finished goods   $ 3,351,160     $ 4,611,973  
Spare parts     227,091       187,158  
Reserve for inventory obsolescence     (91,041)       (172,562 )
                 
Inventories, net   $ 3,487,210     $ 4,626,569  

 

During the six months ended June 30, 2018 and 2017, the Company wrote off obsolete inventories of $0 and $29,913, respectively.

NOTE 6 – INVENTORIES

 

Inventories consisted of the following at December 31, 2017 and 2016:

 

    2017     2016  
             
Finished goods   $ 4,611,973     $ 4,102,621  
Spare parts     187,158       183,357  
Reserves for inventory obsolescence     (172,562 )     (121,862 )
                 
Inventories, net   $ 4,626,569     $ 4,164,116  

 

The Company wrote off inventories of $83,500 and $326,984 for the years ended December 31, 2017 and 2016, respectively.