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Note 7 - Inventories
3 Months Ended
Mar. 31, 2025
Notes to Financial Statements  
Inventory Disclosure [Text Block]

Note 7.  Inventories

Inventories, net of inventory write-downs, consist of the following for the periods indicated (in thousands):​

 

 

March 31, 2025

  

December 31, 2024

 

Raw materials

 $58,287  $50,379 

Work in process and sub-assemblies

  45,921   35,716 

Finished goods

  14,701   17,291 

Allowance for inventory

  (16,596)  (15,251)

Total inventories

 $102,313  $88,135 

 

For the three months ended March 31, 2025 and 2024, the inventory reserve adjustment expensed for inventory was $1.9 million and $1.6 million, respectively.

 

For the three months ended March 31, 2025 and 2024, the direct inventory write-offs related to scrap, discontinued products and damaged inventories were both $0.9 million.