Inventories

12 Months Ended

Dec. 31, 2011

Notes to Financial Statements

Inventories

(9) Inventories

Inventories consist of component materials and finished systems. Inventories are stated at the lower of cost (first-in, first-out) or market, not in excess of net realizable value. Component material consists of certain key replacement parts for the finished systems. Inventories are as follows:

	December 31,		December 31,
	2011		2010
Component materials	$	63,179	$	114,893
Finished systems		1,705,828		1,294,766
Total Inventory	$	1,769,007	$	1,409,659

As of December 31, 2011 and December 31, 2010, the Company had not recorded any reserve for excess and/or obsolete inventories in arriving at estimated net realizable value of its inventory.