Annual report pursuant to Section 13 and 15(d)

Inventories

v3.20.1
Inventories
12 Months Ended
Dec. 31, 2019
Inventory Disclosure [Abstract]  
Inventories

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:

 

    December 31,  
    2018     2019  
             
Components   $ 2,218     $ 8,183  
Work in process     -       210  
Finished goods, net     2,431       7,988  
                 
    $ 4,649     $ 16,381