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Inventories
12 Months Ended
Dec. 31, 2019
Inventory Disclosure [Abstract]  
Inventories

B. Inventories

The Company reduces the value of its inventories to net realizable value when the net realizable value is believed to be less than the cost of the item. The inventory reserve for obsolescence as of December 31, 2019 and 2018 was $1,015,000 and $1,266,000, respectively.

 

 

 

December 31,

 

 

 

2019

 

 

2018

 

 

 

(in thousands)

 

Raw materials

 

$

2,134

 

 

$

1,719

 

Work in process

 

 

2,640

 

 

 

1,807

 

Finished goods

 

 

1,242

 

 

 

940

 

Total Inventories, net

 

$

6,016

 

 

$

4,466