Inventories

6 Months Ended

Jun. 30, 2020

Inventory Disclosure [Abstract]

Inventories

INVENTORIES

Inventories are stated at the lower of standard cost (which approximates actual cost determined using the first-in, first-out cost method) or net realizable value, and consist of the following (in thousands):

	Six months ended June 30, 2020		Twelve months ended December 31, 2019
Raw materials	$	3,590	$	4,064
Finished goods	5,636		5,749
Reserves for excess, obsolete, and slow-moving inventories	(3,326)		(3,645)
Inventories, net	$	5,900	$	6,168

The following is a rollforward of the reserves for excess, obsolete, and slow-moving inventories (in thousands):

	Six months ended June 30, 2020		Twelve months ended December 31, 2019
Beginning Balance	$	(3,645)	$	(4,212)
Provision (accrual)	112		(814)
Reduction due to sold inventory	167		845
Write-off for disposed inventory	40		536
Reserves for excess, obsolete, and slow-moving inventories	$	(3,326)	$	(3,645)