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4. Inventories, net
6 Months Ended
Jun. 30, 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:

 

   

June 30,

2019

   

December 31,

2018

 
Finished goods   $ 4,290     $ 2,004  
Work in process     5,581       5,750  
Raw materials     3,386       3,712  
    $ 13,257     $ 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 $678 at June 30, 2019, compared with approximately $629 at December 31, 2018.