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,
	2022		2021
Raw materials	$	3,347	$	3,882
Finished goods	4,656		7,034
Reserve for excess, obsolete, and slow-moving inventories	(2,527)		(3,050)
Inventories, net	$	5,476	$	7,866

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


	At December 31,
	2022		2021
Beginning balance	$	(3,050)	$	(2,894)
Accrual	(312)		(281)
Reduction due to sold inventory	323		125
Write-off for disposed inventory	512		—
Reserves for excess, obsolete, and slow-moving inventories	$	(2,527)	$	(3,050)