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Inventories, Net
12 Months Ended
Dec. 31, 2022
Inventory Disclosure [Abstract]  
Inventories, Net

H. Inventories, net

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 excess and obsolescence inventory as of December 31, 2022 and 2021 was $49,000 and $47,000, respectively. The components of inventory as of December 31, 2022 and 2021 are summarized below:

 

 

December 31,

 

 

 

2022

 

 

2021

 

 

 

(in thousands)

 

Raw materials

 

$

258

 

 

$

253

 

Work in process

 

 

7

 

 

 

6

 

Finished goods

 

 

 

 

 

12

 

Total Inventories, net

 

$

265

 

 

$

271