Note 5 - Inventories

9 Months Ended

Sep. 30, 2020

Notes to Financial Statements

Inventory Disclosure [Text Block]

5. Inventories

The components of inventories are as follows:

	September 30, 2020		December 31, 2019
	(in thousands)
Finished Goods	$	10,619	$	9,737
Raw Materials		7,006		8,510
Total Inventories	$	17,625	$	18,247
Current portion	$	10,856	$	10,653
Long-term portion		6,769		7,594
Total inventories	$	17,625	$	18,247

The Company recorded a write-down of obsolete inventory for the year-ended December 31, 2019 totaling $7.4 million as part of a restructuring plan and a $1.5 million charge for inventory obsolescence related to certain System components. There were no such write-downs or charges for the three and nine months ended September 30, 2020. A $0.8 million and $1.6 million write-down for inventory obsolescence related to certain systems components was recognized in the three and nine months ended September 30, 2019, respectively.