INVENTORIES, NET

6 Months Ended

Jun. 30, 2019

Inventory Disclosure [Abstract]

INVENTORIES, NET

Inventory is recorded at the lower of cost or net realizable value. The cost of substantially all the Company’s inventory is determined by the weighted average cost method. Inventories consisted of the following:

	June 30,		December 31,
	2019		2018
Finished goods	$	106,460	$	82,313
Work in process		63,241		12,695
Raw materials		1,085,886		63,259
	$	1,255,587	$	158,267

During the three and six months ended June 30, 2019 the Company wrote off $52,937 and $65,012, respectively, of raw material parts primarily due to model improvements.