Inventories, net

12 Months Ended

Apr. 30, 2020

Inventories, net

Inventories, net

5.           Inventories, net

Inventories consist of the following (in thousands):

	April 30,
	2020		2019
Raw materials	$	15,988	$	16,792
Work in process		10,340		19,162
Finished goods		29,439		25,926
Inventories, gross		55,767		61,880
Reserve for inventory excess and obsolescence		(10,232)		(7,824)
Inventories, net	$	45,535	$	54,056

During the fiscal year ended April 30, 2020, the Company recorded inventory reserve charges of approximately $2,600,000 to impair the remaining net book value of the Company’s Quantix commercial UAS solution. For the fiscal

years ended April 30, 2020, 2019 and 2018, the Company recorded inventory reserve charges of $5,377,000, $5,054,000 and $2,758,000, respectively.