Note 5 - Inventories

3 Months Ended

Mar. 31, 2023

Notes to Financial Statements

Inventory Disclosure [Text Block]

5. INVENTORIES

Inventories consist of raw materials and work-in-process and and are stated at the lower of cost or net realizable value using the first-in, first-out (FIFO) method as a cost flow convention or through the moving average cost method. At March 31, 2023 and December 31, 2022, inventory by category is valued net of reserves and consists of:

	As of March 31,		As of December 31,
(in thousands)	2023		2022
Raw materials	$	1,706	$	1,338
Work-in-process		151		353
Total inventories	$	1,857	$	1,691