v3.25.2
Note 4 - Inventory
6 Months Ended
Jun. 30, 2025
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 consists of:

 

   

June 30,

   

December 31,

 
   

2025

   

2024

 

Raw materials and component parts

  $ 6,194,839     $ 3,754,153  

Work-in-process

    5,717,948       4,421,230  

Finished products

    12,767,963       10,956,978  

Total inventory

  $ 24,680,750     $ 19,132,361  

Less: inventory reserves

    1,450,381       854,182  

Net inventory

  $ 23,230,369     $ 18,278,179