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INVENTORIES (Tables)

6 Months Ended

Jun. 30, 2014

Inventories Tables

Schedule of inventory

Cost is determined principally on the average cost method. Inventories at June 30, 2014 and December 31, 2013 were as follows (in thousands):

		June 30, 2014				December 31, 2013
Raw materials		$	4,648			$	5,470
Work in process			1,660				882
Finished goods			1,853				2,455
Gross inventories			8,161				8,807
Less: reserve for obsolescence			(1,239	)			(392	)
Net inventories		$	6,922			$	8,415

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- Definition

Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 2

-Paragraph 6

-Subparagraph a,b,c

-Article 5

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