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Note 6 - Inventories
9 Months Ended
Jun. 30, 2024
Notes to Financial Statements  
Inventory Disclosure [Text Block]

6. Inventories

                                                                                                                                                                                                                                                                              

Inventories consist of the following (in thousands):  

 

  

June 30, 2024

  

September 30, 2023

 

Finished goods

 $16,588  $18,555 

Work in process

  6,748   11,992 

Raw materials

  28,187   26,832 

Obsolescence reserve (net realizable value adjustment)

  (9,604)  (14,061)
   41,919   43,318 

Less current portion

  24,557   18,430 

Non-current portion

 $17,362  $24,888 

 

Inventory obsolescence expense for each of the three and nine months ended June 30, 2024, was $0.1 million.  Inventory obsolescence expense for the three and nine months ended June 30, 2023, was $0.3 million and $2.1 million, respectively.  Raw materials include semi-finished goods and component parts that totaled approximately $8.3 million and $10.6 million at June 30, 2024 and September 30, 2023, respectively.