Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES (Tables)

v3.8.0.1
INVENTORIES (Tables)
 9 Months Ended
Sep. 30, 2017
Inventory Disclosure [Abstract]  
Schedule of components of inventories
Inventories are stated at the lower of cost or net realizable value. Cost is determined by either specific identification or weighted average methods. The components of inventories are as follows:
 
Sep 30, 2017
 
Dec 31, 2016
Raw materials
$
36,226,019

 
$
31,973,073

Work-in-process
9,574,418

 
9,897,857

Finished goods
24,705,618

 
18,928,579

 
$
70,506,055

 
$
60,799,509