Note B - Inventories, Net

6 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Inventory Disclosure [Text Block]

B. Inventories, net

Inventories, net consisted of the following (in thousands):

	Dec ember 3 1 , 201 9			June 30, 201 9
Raw materials	$	14,228		$	18,322
Work in progress		2,696			3,785
Finished goods		6,255			5,002
Reserve		(529	)		(1,106	)
	$	22,650		$	26,003

The inventory reserve as of

December 31, 2019

and

June 30, 2019,

included a reserve of

$39,000

and

$686,000,

respectively, related to our

first

generation SR CarnoSyn® powder.