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Inventories, net

12 Months Ended

Dec. 31, 2019

Note 2 – Inventories, net

Inventories, net, consisting principally of hardware and component parts, are stated at the lower of cost or net realizable value. Cost is determined using the FIFO method.

Inventories, net are comprised of the following:


	December 31,
	2019		2018
	(in thousands)
Component parts	$	7,429	$	5,445
Work-in-process and finished goods		12,390		8,983
Total	$	19,819	$	14,428