INVENTORIES |
3 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2019 | ||||||||||||||||||||||||||||||||||||||||||||||||||
INVENTORIES | ||||||||||||||||||||||||||||||||||||||||||||||||||
INVENTORIES |
4.INVENTORIES Inventories consist of the following:
Included in Research and development expenses for the three months ended December 31, 2019 and 2018, are inventory reserves of $146,292 and $0, respectively. In determining net realizable value, appropriate consideration is given to obsolescence, excessive levels, deterioration, and other factors in evaluating net realizable value. |