Inventories, net

6 Months Ended

Jun. 30, 2021

Inventories, net

4. Inventories, net

4. Inventories, Net

Inventories, which are presented net of allowance for obsolete and slow-moving inventory, consisted of the following:

	June 30, 2021		December 31, 2020
Finished goods	$	2,459	$	1,975
Work in process		3,539		3,288
Raw materials		6,038		4,178
	$	12,036	$	9,441

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 $888 at June 30, 2021, compared with approximately $520 at December 31, 2020.