Note 4 - Inventories, Net

9 Months Ended

Sep. 30, 2021

Notes to Financial Statements

Inventory Disclosure [Text Block]

4.  INVENTORIES, NET

Inventory is recorded at the lower of cost or net realizable value. The cost of substantially all the Company’s inventory is determined by the FIFO cost method. Inventories consisted of the following:

	September 30,			December 31,
	2021			2020
Finished goods	$	1,796		$	1,249
Work in process		142			64
Raw materials		402			1,342
Inventories, net		2,340			2,655
Less allowance for obsolescence		(56	)		-
Inventories - net	$	2,284		$	2,655

As part of product line exit costs (see Note 1) end of life raw material costs aggregating $531 were written off during the quarter ended June 30, 2021 and an additional $54 was written off during the quarter ended September 30, 2021.