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Note 6 - Inventories
6 Months Ended
Mar. 31, 2024
Notes to Financial Statements  
Inventory Disclosure [Text Block]

6. Inventories

                                                                                                                                                                                                                                                                              

Inventories consist of the following (in thousands):

 

  

March 31, 2024

  

September 30, 2023

 

Finished goods

 $19,078  $18,555 

Work in process

  6,089   11,992 

Raw materials

  26,165   26,832 

Obsolescence reserve (net realizable value adjustment)

  (9,259)  (14,061)
   42,073   43,318 

Less current portion

  23,932   18,430 

Non-current portion

 $18,141  $24,888 

 

Inventory obsolescence expense for the three and six months ended March 31, 2024 was $0.1 million and $0.1 million, respectively.  Inventory obsolescence expense for the three and six months ended March 31, 2023 was $0.5 million and $1.8 million, respectively.  Raw materials include semi-finished goods and component parts that totaled approximately $8.1 million and $10.6 million at March 31, 2024 and September 30, 2023, respectively.