Quarterly report pursuant to Section 13 or 15(d)

NOTE 3: INVENTORIES (Tables)

v3.7.0.1
NOTE 3: INVENTORIES (Tables)
6 Months Ended
Jun. 30, 2017
Inventory Disclosure [Abstract]  
Schedule of Inventory, Current [Table Text Block]
Inventories in the Training and Simulation Division increased $343,000 from December 31, 2016 to June 30, 2017 and increased $49,000 in the Power Systems Division in that same time period:

 
 
June 30, 2017
   
December 31, 2016
 
 
 
(Unaudited)
       
Raw and packaging materials
 
$
8,951,309
   
$
8,512,006
 
Work in progress
   
1,175,420
     
917,582
 
Finished products
   
582,918
     
888,433
 
Total:
 
$
10,709,647
   
$
10,318,021