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Inventories, Net
6 Months Ended
Jun. 30, 2021
Inventories, Net  
Inventories, Net

4. Inventories, Net

The following table sets forth inventories, net, which are stated at the lower of cost (specific cost and first-in, first-out) and net realizable value (in thousands):

    

June 30, 

    

December 31, 

2021

2020

Editorial and other pre-publication costs

$

161

$

298

Merchandise finished goods

 

18,102

 

11,490

Total

$

18,263

$

11,788

At June 30, 2021 and December 31, 2020, reserves for slow-moving and obsolete inventory related to merchandise finished goods amounted to $1.1 million and $0.2 million, respectively.