NOTE 4 - INVENTORIES (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Notes to Financial Statements
Raw material	$ 2,166	$ 2,498
Work-in-process	1,262	985
Finished goods	605	481
Inventories	$ 4,033	$ 3,964

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The amount of FIFO (first in first out) inventory present at the reporting date when inventory is also valued using different valuation methods.

+ References

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-Publisher FASB

-Name Accounting Standards Codification

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-Section 50

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-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

-Section A

-Paragraph 9

-Chapter 3

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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- Definition

Carrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances. Excludes noncurrent inventory balances (expected to remain on hand past one year or one operating cycle, if longer).

+ References

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-Publisher FASB

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-Subparagraph (SX 210.5-02.6(a))

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- Definition

Gross amount of unprocessed items to be consumed in the manufacturing or production process. Also includes purchased parts that will be used as components of a finished product.

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-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

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Gross amount of merchandise or goods which are partially completed, are generally comprised of raw materials, labor and factory overhead costs, and which require further materials, labor and overhead to be converted into finished goods, and which generally require the use of estimates to determine percentage complete and pricing.

+ References

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