Note 3 - Inventories

6 Months Ended

Jun. 30, 2025

Notes to Financial Statements

Inventory Disclosure [Text Block]

Note 3. Inventories

The components of inventories are summarized below (in thousands):

	June 30,		December 31,
	2025		2024
Inventories:
Raw materials	$	27,794	$	31,743
Work in process		49,396		50,779
Finished goods		2,873		2,555
	$	80,063	$	85,077

As of June 30, 2025 and December 31, 2024, carrying values of inventories were net of inventory reserves of $26.5 million and $24.1 million, respectively, for excess and obsolete inventory and $141,000 and $73,000, respectively, for lower of cost or net realizable value reserves.