INVENTORIES, NET

12 Months Ended

Dec. 31, 2015

INVENTORIES, NET [Abstract]

INVENTORIES, NET

NOTE 3– INVENTORIES, NET

Inventories, net at December 31, 2015 and 2014 are summarized as follows (in thousands):

	December 31, 2015			December 31, 2014
Work in Process	$	2,237		$	3,054
Parts and supplies		3,616			3,601
Finished goods		3,186			3,105
		9,039			9,760
Less - inventory reserve		(1,296	)		(1,380	)
Inventories, net	$	7,743		$	8,380

Changes in the Company's inventory reserve during the years ended December 31, 2015 and 2014 are as follows (in thousands): 

	December 31, 2015			December 31, 2014
Balanceopening year	$	1,380		$	1,981
Current (recovery) provision for Jonway Auto		(132	)		251
Current provision (recovery) for inventory ZAP-net		48			(852	)
Balance end of year	$	1,296		$	1,380