|12 Months Ended|
Dec. 31, 2019
|Inventory Disclosure [Abstract]|
NOTE 7 - INVENTORIES
Inventories are stated at the lower of cost or net realizable value. Cost is determined using the “moving average” cost method or the first-in first-out (FIFO) method. Inventory consists of components, work in process and finished products. Inventories are shown net of valuation reserves of $119 and $487 at December 31, 2018 and 2019, respectively.
Inventories consist of the following:
The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef