Inventories

6 Months Ended

Jun. 30, 2025

Inventories [Abstract]

Inventories

Note 4

Inventories:

Inventories consist of the following (in thousands):

	June 30, 2025		December 31, 2024
Raw materials and work-in-process	$	3,173	$	2,041
Finished goods		63		205
	$	3,236	$	2,246

Work-in-process inventories are immaterial, given the Company’s typically short manufacturing cycle, and are included with raw materials inventories.

Due to the expiration of extended warranty service contracts that were assumed in August 2021 in connection with the acquisition of Pharos laser system products, the Company wrote off $0.1 million of inventories that will no longer be needed for warranty purposes during the six months ended June 30, 2024, which is included in cost of revenues in the condensed consolidated statement of operations.