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Inventories
3 Months Ended
Mar. 31, 2013
Inventory, Net [Abstract]  
Inventories

Note 3 - Inventories

 

Inventories are priced at the lower of cost or market and consist primarily of raw materials, parts for assembling our finished products and finished products.

 

Our inventories consisted of:

 

    March 31,
2013
    December 31,
2012
 
             
Finished products   $ 1,922,355     $ 2,509,797  
Production materials     575,786       579,156  
Total inventories   $ 2,498,141     $ 3,088,953  

 

Since we also engage third-party contract manufacturers to produce our finished products, and in certain situations we provide them the raw materials, our inventories at March 31, 2013 and December 31, 2012 are located at the third-party contract manufacturing locations. We carry adequate insurance for loss on this inventory.