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Note 2 - Inventories, Net
12 Months Ended
Dec. 31, 2024
Notes to Financial Statements  
Inventory Disclosure [Text Block]

2. Inventories, net

 

Inventories, which are presented net of allowance for slow moving, excess and obsolete inventory, consisted of the following:

 

  

December 31,

  

December 31,

 
  

2024

  

2023

 

Finished goods

 $3,194  $4,622 

Work in process

  4,210   8,275 

Raw materials

  10,232   11,055 
  $17,636  $23,952 

 

Changes in the allowance for slow-moving, excess, and obsolete inventory are as follows:

 

  

Years Ended December 31,

 
  

2024

  

2023

 

Balance, beginning of year

 $1,838  $1,247 

Charged to cost of sales

  367   591 

Disposal of inventory

  (511)   

Balance, end of year

 $1,694  $1,838 

 

During the year ended December 31, 2024, the Company wrote off $511 of inventory that had been fully allowed for previously, which had no impact to the Company's consolidated balance sheets or consolidated statements of operations.