Inventories

6 Months Ended

Jun. 30, 2016

Inventory Disclosure [Abstract]

Inventories

5. Inventories

Inventories, net of reserves, as of June 30, 2016 and December 31, 2015 consisted of the following:

	June 30, 2016		December 31, 2015
Current:
Raw materials	$	2,736	$	2,735
Finished goods		9,932		10,712
	$	12,668	$	13,447
Long-term:
Raw materials	$	731	$	375
Finished goods		1,347		1,643
	$	2,078	$	2,018

Long-term inventory represents inventory held in excess of our current (next 12 months) requirements based on our recent sales and forecasted level of sales. We expect to sell the above inventory, net of reserves, at or above the stated cost and believe that no loss will be incurred on its sale.

Current finished goods do not include consigned inventory in the amounts of approximately $1,669 and $1,628 as of June 30, 2016 and December 31, 2015, respectively. Distributor channel inventories represents inventory at distributors and other customers where revenue recognition criteria have not yet been achieved.

The following table summarizes the losses incurred on valuation of inventory at lower of cost or market value and write-off of obsolete inventory during the three and six months ended June 30, 2016 and 2015, respectively.

	Three months ended June 30,				Six months ended June 30,
	2016		2015		2016		2015
Net loss on valuation of inventory and write-off of obsolete inventory	$	11	$	83	$	130	$	130