XML 24 R15.htm IDEA: XBRL DOCUMENT v3.23.1
INVENTORY
3 Months Ended
Mar. 31, 2023
Inventory Disclosure [Abstract]  
INVENTORY

NOTE 8 - 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 $453 at December 31, 2022 and $375 at March 31, 2023.

 

Inventories consist of the following:

 

   December 31, 2022   March 31, 2023 
       (Unaudited) 
Components  $12,443   $11,400 
Work in process   462    383 
Finished goods, net   9,367    10,866 
           
Inventory, Net  $22,272   $22,649