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 consists of the following (in thousands):


	At December 31,
	2021		2020
Raw materials	$	3,882	$	2,695
Finished goods	7,034		5,840
Reserve for excess, obsolete, and slow-moving inventories	(3,050)		(2,894)
Inventories, net	$	7,866	$	5,641

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


	At December 31,
	2021		2020
Beginning balance	$	(2,894)	$	(3,518)
Accrual	(281)		281
Reduction due to sold inventory	125		343

Reserves for excess, obsolete, and slow-moving inventories	$	(3,050)	$	(2,894)