v3.26.1
Note 3 - Inventories
12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Inventory Disclosure [Text Block]

Note 3. Inventories

 

The components of inventory are summarized below (in thousands):

 

  

December 31,

  

December 31,

 
  

2025

  

2024

 

Inventories:

      

Raw materials

 $24,105  $31,743 

Work in process

  53,665   50,779 

Finished goods

  3,881   2,555 
  $81,651  $85,077 

 

As of December 31, 2025 and 2024, carrying values of inventories were net of inventory reserves of $28.4 million and $24.1 million, respectively, for excess and obsolete inventory and $180,000 and $73,000, respectively, for lower of cost or net realizable value reserves.