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Inventories
9 Months Ended
Sep. 30, 2022
Inventory Disclosure [Abstract]  
Inventories

Note 3 — Inventories

Inventories, net are stated at the lower of cost and net realizable value, determined on a first-in, first-out basis and consisted of the following (in thousands):

 

 

 

September 30, 2022

 

 

December 31, 2021

 

Raw materials and purchased parts

 

$

5,607

 

 

$

3,971

 

Work in process

 

 

4,038

 

 

 

4,031

 

Finished goods

 

 

12,109

 

 

 

10,429

 

Total inventories, gross

 

 

21,754

 

 

 

18,431

 

Less inventory reserves

 

 

(1,824

)

 

 

(1,157

)

Total inventories, net

 

$

19,930

 

 

$

17,274