ACCOUNTS RECEIVABLE, NET AND INVENTORIES

12 Months Ended

Dec. 31, 2023

Receivables [Abstract]

ACCOUNTS RECEIVABLE, NET AND INVENTORIES

ACCOUNTS RECEIVABLE, NET AND INVENTORIES

Accounts receivable, net comprised the following:

	December 31,
	2023		2022
Trade accounts receivable	$	16,740	$	18,204
Allowance for doubtful accounts	(920)		(1,556)
Other receivables	1,070		579
Total accounts receivable, net	$	16,890	$	17,227

The change in the allowance for doubtful accounts consisted of the following:

	Years ended December 31,
	2023		2022
Beginning balance	$	(1,556)	$	(1,156)
Changes in estimates	(1,280)		(3,274)
Write-offs	310		2,375
Collections/Other	1,606		499
Ending balance	$	(920)	$	(1,556)

Inventories comprised the following:

	December 31,
	2023		2022
Finished goods	$	58,346	$	83,134
Work-in-process	3,891		5,403
Raw materials	23,256		38,558
Allowance for inventory obsolescence	(10,139)		(15,697)
Total inventories	$	75,354	$	111,398

Inventories are stated at the lower of cost or net realizable value, and the Company maintains an allowance for excess and obsolete inventory that is based upon assumptions about future demand and market conditions. The allowance for excess and obsolete inventory is subject to change from period to period based on a number of factors including sales of products, changes in estimates, and disposals.