v3.25.1
INVENTORIES
3 Months Ended
Mar. 31, 2025
Inventory Disclosure [Abstract]  
INVENTORIES

NOTE 5: INVENTORIES

 

   March 31, 2025   December 31, 2024 
Inventories consist of:        
Raw materials  $1,267   $1,217 
Work-in-process   637    765 
Finished goods   133    133 
Total  $2,037   $2,115 

 

Included in our inventories are finished goods and raw materials related to PVT 150/200 systems that were purchased and built, respectively, in anticipation of future orders.

 

As of March 31, 2025, the net amount of PVT 150/200 systems inventory is approximately $0.4 million. If future PVT 150/200 orders do not materialize and if the Company is not otherwise able to sell this inventory, the Company could incur additional charges to further reduce the carrying value of such inventory to net realizable value. Such charges may be material to the Company’s financial position and future results of operations.