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INVENTORIES (Tables)

9 Months Ended

Sep. 30, 2015

Inventories Tables

Schedule of inventory

Inventories are stated at the lower of cost or market. Cost is determined principally on the average cost method. Inventories at September 30, 2015 and December 31, 2014 were as follows (in thousands):

		September 30,				December 31,
		2015				2014
Raw materials		$	5,032			$	4,162
Work in process			480				1,230
Finished goods			1,653				1,412
Gross inventories			7,165				6,804
Less: reserve for obsolescence			(1,035	)			(1,077	)
Net inventories		$	6,130			$	5,727

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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 FASB



-Name Accounting Standards Codification



-Topic 210



-SubTopic 10



-Section 50



-Paragraph 1



-URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766



Reference 2: 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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