Note 4 - Inventories

9 Months Ended

Sep. 30, 2019

Notes to Financial Statements

Inventory Disclosure [Text Block]

(

4

)     Inventories

Inventories are stated at the lower of cost or net realizable value using the average cost method. Inventories consisted of the following (in thousands): 

	September 30,		December 31,
	2019		2018
Raw materials	$	—	$	79
Work in process		45		39
Finished goods		—		23
Total	$	45	$	141

Write downs for excess or expired inventory are based on management’s estimates of forecasted usage of inventories and are included in cost of goods sold. A significant change in the timing or level of demand for certain products as compared to forecasted amounts

may

result in recording additional write downs for excess or expired inventory in the future. Charges to cost of goods sold for inventory write-downs, reserve adjustments, scrap, shrinkage and expired inventories totaled approximately

$0,

and

$80,000

for the

three

and

nine

months ended

September 30, 2019,

respectively. Charges to cost of goods sold for inventory write-downs, reserve adjustments, scrap, shrinkage and expired inventories totaled approximately

$13,000,

and

$15,000

for the

three

and

nine

months ended

September 30, 2018,

respectively.