Quarterly report pursuant to Section 13 or 15(d)

INVENTORY

v3.21.2
INVENTORY
9 Months Ended
Sep. 30, 2021
Inventory Disclosure [Abstract]  
INVENTORY

NOTE 6 - INVENTORY

 

Inventory, which primarily consists of finished goods and components used in the Company’s products, is stated at the lower of cost or net realizable value using the “moving average” cost method or the first-in first-out (FIFO) method. Inventory is shown net of a valuation reserve of $515 at December 31, 2020, and $649 at September 30, 2021.

 

 

Inventories consist of the following:

 

    December 31, 2020     September 30, 2021  
          (Unaudited)  
Components   $ 7,697     $ 9,212  
Work in process     237       417  
Finished goods, net     4,939       6,568  
                 
Inventory, Net   $ 12,873     $ 16,197