4. Inventories, net

9 Months Ended

Sep. 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:

	September 30, 2019		December 31, 2018
Finished goods	$	3,867	$	2,004
Work in process		7,035		5,750
Raw materials		3,548		3,712
	$	14,450	$	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 $741 at September 30, 2019, compared with approximately $629 at December 31, 2018.