Annual report pursuant to Section 13 and 15(d)

Accrued Expenses (Tables)

v3.8.0.1
Accrued Expenses (Tables)
12 Months Ended
Dec. 31, 2017
Accounts Payable and Accrued Liabilities, Current [Abstract]  
Schedule of Accrued Expenses
Accrued expenses consisted of the following:
 
 
 
December 31,
 
 
 
2017
 
2016
 
Accrued compensation
 
$
247,343
 
$
519,485
 
Warranty reserve
 
 
426,115
 
 
335,893
 
Other
 
 
407,697
 
 
293,751
 
 
 
$
1,081,155
 
$
1,149,129
 
Schedule of Changes in Warranty Reserve
 The changes in warranty reserve were as follows: 
 
 
 
2017
 
2016
 
Balance, beginning of the year
 
$
335,893
 
$
358,296
 
Provisions for warranty
 
 
364,335
 
 
222,408
 
Warranty payments
 
 
(274,113)
 
 
(244,811)
 
Balance, end of the year
 
$
426,115
 
$
335,893