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4. Inventories, net
6 Months Ended
Jun. 30, 2020
Inventory Disclosure [Abstract]  
4. Inventories, net

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

 

    June 30, 2020     December 31, 2019  
Finished goods   $ 2,781     $ 3,864  
Work in process     3,242       6,122  
Raw materials     3,504       3,527  
    $ 9,527     $ 13,513  

 

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 $466 at June 30, 2020, compared with approximately $823 at December 31, 2019.