6. Other Assets

Other assets consist of the following:

(in thousands)	December 31,
	2016			2015
Inventory		$	1,443		$	-
Other			131			47
Total		$	1,574		$	47

Other assets are comprised primarily of inventory that is being purchased to support the construction of three simulation projects related to a significant contract that was executed during the first quarter of fiscal year 2016. Inventory is recorded at the lower of cost or market value in accordance with Topic 330, Inventory. The inventory balance will continue to increase as new purchases are made to support these projects and will be relieved and charged to the project upon delivery and customer acceptance, which is currently expected during the first quarter of 2018 and beyond.