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Inventories, net
6 Months Ended
Jun. 30, 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)June 30, 2023December 31, 2022
Finished goods$16,084 $21,998 
Work in process166 383 
Component parts9,193 13,749 
Service parts1,069 1,464 
Inventories, net$26,512 $37,594 

At June 30, 2023 and December 31, 2022, the Company had excess and obsolescence reserves of $11.2 million and $10.9 million, respectively, against inventories.