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INVENTORY
9 Months Ended
Sep. 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 $406 at September 30, 2022.

 

 

Inventories consist of the following:

 

   December 31, 2021   September 30, 2022 
         (Unaudited) 
Components  $11,137   $13,386 
Work in process   699    586 
Finished goods, net   6,407    9,600 
           
Inventory, net  $18,243   $23,572