Note 8 - Inventories

12 Months Ended

Sep. 30, 2024

Notes to Financial Statements

Inventory Disclosure [Text Block]

8. Inventories

Inventories consisted of the following (in thousands):

	AS OF SEPTEMBER 30,
	2024			2023
Finished goods	$	18,099		$	18,555
Work in process		3,626			11,992
Raw materials		30,941			26,832
Obsolescence reserve (net realizable value adjustment)		(8,413	)		(14,061	)
		44,253			43,318
Less current portion		26,222			18,430
Non-current portion	$	18,031		$	24,888

Inventory obsolescence expense totaled $0.6 million and $2.2 million during fiscal years 2024 and 2023, respectively. Raw materials include semi-finished goods and component parts that totaled approximately $8.6 million and $10.6 million at September 30, 2024 and 2023, respectively.