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Inventories

3 Months Ended

12 Months Ended

Mar. 31, 2013

Dec. 31, 2012

Inventory Disclosure [Abstract]

Inventory Disclosure [Text Block]

Note 6 –Inventories

Inventories are stated at the lower of cost or market and consist of the following:


In thousands	March 31 2013	December 31 2012
Raw materials	$1,955	$1,644
Work-in-progress	376	393
Finished goods	448	431
Invetories, Total	$2,779	$2,468

6. Inventories

Inventories consist of the following:

In thousands	2012	2011
Raw materials	$1,644	$1,826
Work-in-progress	393	449
Finished goods	431	600
Invetories, Total	$2,468	$2,875

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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