v3.26.1
Note 3 - Inventories
6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Inventory Disclosure [Text Block]

Note 3. Inventories

 

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

 

  

June 30,

  

December 31,

 
  

2026

  

2025

 

Inventories:

        

Raw materials

 $31,979  $24,105 

Work in process

  60,468   53,665 

Finished goods

  3,875   3,881 
  $96,322  $81,651 

 

As of June 30, 2026 and December 31, 2025, carrying values of inventories were net of inventory reserves of $32.0 million and $28.4 million, respectively, for excess and obsolete inventory and $16,000 and $180,000, respectively, for lower of cost or net realizable value reserves.