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, 2015		December 31, 2014
Finished systems	$	70,534	$	352,493
Total Inventory	$	70,534	$	352,493

As of December 31, 2015 and 2014, the Company had not recorded any reserve for excess and/or obsolete inventories in arriving at estimated net realizable value of its inventory.