4. INVENTORY (Details) - USD ($) |
Dec. 31, 2016 |
Dec. 31, 2015 |
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Inventory Disclosure [Abstract] | ||
Raw materials | $ 7,535,025 | $ 13,668,255 |
Finished goods | 1,795,474 | 465,665 |
Total gross inventory | 12,892,958 | 14,133,920 |
Allowance for impairment of raw materials inventory | (3,562,459) | 0 |
Total inventory | $ 9,330,499 | $ 14,133,920 |
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- Definition Inventory, both current and noncurrent portions, net of reserves No definition available.
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- References No definition available.
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- Definition Carrying amount, net of valuation reserves and adjustments, as of the balance sheet date of merchandise or goods held by the company that are readily available for sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Gross amount, as of the balance sheet date, of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before valuation and LIFO reserves of raw materials expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of valuation reserve for inventory. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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