INVENTORIES

3 Months Ended

Mar. 31, 2025

INVENTORIES

INVENTORIES

4.    INVENTORIES

Inventories include costs of materials, direct labor and manufacturing overhead, and are stated at the lower of cost (first-in, first-out basis) or net realizable value, as follows:

	March 31,		December 31,
	2025		2024
Parts and raw materials	$	77,433	$	78,725
Work-in-process		11,606		12,274
Finished goods		16,532		20,518
	$	105,571	$	111,517