Quarterly report pursuant to Section 13 or 15(d)

Inventories, Net

v3.4.0.3
Inventories, Net
3 Months Ended
Mar. 31, 2016
Inventories, Net [Abstract]  
INVENTORIES, NET

NOTE 4 – INVENTORIES, NET

 

Inventories, net at March 31, 2016 and December 31, 2015 consisted of the following:

 

(In thousand $)   March 31,
2016
    December 31,
2015
 
Raw materials   $ 1,996     $ 1,997  
Work in process     1       1  
Finished goods     125       167  
      2,122       2,165  
Less: inventory reserves     (731 )     (698 )
Inventories, net   $ 1,391     $ 1,467