XML 21 R11.htm IDEA: XBRL DOCUMENT v3.5.0.2
INVENTORIES, NET
6 Months Ended
Jun. 30, 2016
Inventory Disclosure [Abstract]  
INVENTORIES, NET

NOTE 5 – INVENTORIES, NET

 

Inventories, net are summarized as follows:

 

   

June 30,

2016

   

December 31,

2015

 
             
Work in Process   $ 2,701     $ 2,237  
Parts and supplies     3,805       3,616  
Finished goods     2,153       3,186  
      8,659       9,039  
Less - inventory reserve     (1,486 )     (1,296 )
Inventories, net   $ 7,173     $ 7,743  

 

Changes in the Company’s inventory reserve during the six months ended June 30, 2016 and the year ended December 31, 2015 are as follows:

 

   

June 30,

2016

   

December 31,

2015

 
Balance, beginning of period   $ 1,296     $ 1,380  
Current recovery for Jonway Auto     -       (132 )
Current provision for inventory ZAP, net     190       48  
Balance, end of period   $ 1,486     $ 1,296