Inventories Net

6 Months Ended

Jun. 30, 2023

Inventories Net

Inventories, Net

4. Inventories, Net

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

	June 30, 2023		December 31, 2022
Finished goods	$	4,795	$	2,965
Work in process		7,556		7,313
Raw materials		10,560		11,827
	$	22,911	$	22,105

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 $1,161 at June 30, 2023, compared with approximately $1,247 at December 31, 2022.