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Inventories, net
9 Months Ended
Sep. 30, 2020
Inventories, net  
Inventories, net

Note 4 – Inventories, net

Inventories, net, consisting principally of hardware and component parts, are stated at the lower of cost or net realizable value. Cost is determined using the FIFO method.

Inventories, net are comprised of the following:

September 30, 

December 31, 

    

2020

    

2019

(in thousands)

Component parts

$

6,360

$

7,429

Work-in-process and finished goods

 

7,669

 

12,390

Total

$

14,029

$

19,819