8. Inventories

Inventories consist solely of finished goods retained to service warranty obligations on products sold prior to the Asset Sale. Inventories are stated at the lower of cost and net realizable value, with cost determined on a first-in, first-out (FIFO) basis.

In connection with the Asset Sale completed on October 24, 2025, substantially all product inventory was sold to Biamp Systems, LLC. No inventory is included in assets related to discontinued operations as of June 30, 2026 or December 31, 2025. See Note 2 — Discontinued Operations and Assets Held for Sale.

Inventories, net of reserves, consisted of the following:  

During the three months ended June 30, 2026, the Company consumed in warranty servicing $29 of inventory, recorded within cost of goods sold, and $304 inventory remained as of June 30, 2026.  See Note 1 — Product Warranties.