Note 4 - Inventory

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Inventory Disclosure [Text Block]

4.    INVENTORY

Inventory is valued at the lower of cost (first-in, first-out) or net realizable value and consisted of the following:

	December 31,		December 31,
	2024		2023
Raw materials and component parts	$	3,754,153	$	3,989,444
Work-in-process		4,421,230		4,514,263
Finished products		10,956,978		9,846,694
Total inventory	$	19,132,361	$	18,350,401
Less: inventory reserves		854,182		677,779
Net inventory	$	18,278,179	$	17,672,622