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Inventories, net
9 Months Ended
Sep. 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)September 30, 2023December 31, 2022
Finished goods$13,418 $21,998 
Work in process241 383 
Component parts9,612 13,749 
Service parts922 1,464 
Inventories, net$24,193 $37,594 

At September 30, 2023 and December 31, 2022, the Company had excess and obsolescence reserves of $9.6 million and $10.9 million, respectively, against inventories.