Quarterly report pursuant to Section 13 or 15(d)

INVENTORY

v3.22.2
INVENTORY
6 Months Ended
Jun. 30, 2022
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 $260 at December 31, 2021 and $346 at June 30, 2022.

 

 

Inventories consist of the following:

 

    December 31, 2021     June 30, 2022  
          (Unaudited)  
Components   $ 11,137     $ 13,986  
Work in process     699       219  
Finished goods, net     6,407       9,335  
                 
Inventory, net   $ 18,243     $ 23,540