Inventory

3 Months Ended

Mar. 31, 2012

Notes to Financial Statements

Note 3. Inventory

Inventory, consisting of materials, labor and manufacturing overhead, is stated at the lower of cost (first-in, first-out) or market and consisted of the following at:

	March 31, 2012	December 31, 2011
Raw Materials	$    4,426,000	$   4,431,000
Work In Progress	127,000	144,000
Finished Goods	745,000	644,000
Reserve for Obsolescence	(1,726,000)	(1,183,000)
Total	$    3,572,000	$   4,036,000

Inventory write-offs were $15,000 and $63,000 for the three months ended March 31, 2012 and 2011, respectively.