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4. Inventories, net
3 Months Ended
Mar. 31, 2019
Inventory Disclosure [Abstract]  
NOTE 4 - Inventories, net

The components of inventories, net of allowances for slow-moving, excess or obsolete inventory, consist of the following:

   March 31, 2019  December 31, 2018
Finished goods  $3,612   $2,004 
Work in process   5,274    5,750 
Raw materials   3,276    3,712 
   $12,162   $11,466 

Allowances for slow-moving, excess, or obsolete inventory are used to state the Company’s inventories at the lower of cost or net realizable value. The allowances were approximately $648 at March 31, 2019, compared with approximately $629 at December 31, 2018.