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Inventories, net
3 Months Ended
Mar. 31, 2021
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:

March 31, 

December 31, 

    

2021

    

2020

(in thousands)

Component parts

$

5,372

$

5,439

Work-in-process and finished goods

 

5,974

 

7,654

Total

$

11,346

$

13,093