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Note 7 - Inventories

6 Months Ended

Jun. 30, 2012

(7) INVENTORIES

Inventories held at June 30, 2012 and December 31, 2011 were comprised of the following:

	June 30, 2012		Dec. 31, 2011
Raw materials	$	3,087	$	2,784
Work in process		625		351
Inventory consigned to others		242		201
Finished goods		495		560
	$	4,449	$	3,896

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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