Inventory, net of reserves, consist of the following:

 

    September 30, 2016     September 30, 2015  
Raw materials   $ 9,636,142     $ 3,345,432  
Work in progress     2,554,025       1,306,906  
Finished goods     2,852,223       1,866,145  
      15,042,390       6,518,483  
                 
Less: Allowance for inventory obsolescence     (970,763 )   $ (148,967 )
Inventory –net of allowance for inventory obsolescence   $ 14,071,627     $ 6,369,516