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Inventories, net
3 Months Ended
Mar. 31, 2023
Inventory Disclosure [Abstract]  
Inventories, net Inventories, net
Inventories are used in the assembly and service of Restaurant/Retail hardware. The components of inventory, adjusted for reserves, consisted of the following:

(in thousands)March 31, 2023December 31, 2022
Finished goods$18,640 $21,998 
Work in process362 383 
Component parts12,561 13,749 
Service parts891 1,464 
Inventories, net$32,454 $37,594 
At March 31, 2023 and December 31, 2022, the Company had excess and obsolescence reserves of $11.0 million and $10.9 million, respectively, against inventories.