Inventories

9 Months Ended

Sep. 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):

	Nine months ended September 30, 2020		Twelve months ended December 31, 2019
Raw materials	$	3,625	$	4,064
Finished goods	5,049		5,749
Reserves for excess, obsolete, and slow-moving inventories	(3,415)		(3,645)
Inventories, net	$	5,259	$	6,168

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

	Nine months ended September 30, 2020		Twelve months ended December 31, 2019
Beginning balance	$	(3,645)	$	(4,212)
Accrual	(75)		(814)
Reduction due to sold inventory	288		845
Write-off for disposed inventory	17		536
Reserves for excess, obsolete, and slow-moving inventories	$	(3,415)	$	(3,645)