Inventories, net

12 Months Ended

Apr. 30, 2022

Inventories, net

Inventories, net

5.           Inventories, net

Inventories consist of the following (in thousands):

	April 30,
	2022		2021
	(In thousands)
Raw materials	$	42,310	$	23,997
Work in process		28,034		13,825
Finished goods		32,619		44,113
Inventories, gross		102,963		81,935
Reserve for inventory excess and obsolescence		(12,334)		(10,289)
Inventories, net	$	90,629	$	71,646

For the fiscal years ended April 30, 2022, 2021 and 2020, the Company recorded inventory reserve charges of $2,271,000, $1,178,000 and $5,377,000, respectively. Of the $5,377,000 inventory reserve recorded during fiscal year ended April 30, 2020, approximately $2,600,000 related to an impairment of the remaining net book value of the Company’s Quantix commercial UAS solution.