Quarterly report pursuant to Section 13 or 15(d)

Inventories, Net

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Inventories, Net
6 Months Ended
Jun. 30, 2017
Inventories, Net [Abstract]  
INVENTORIES, NET

NOTE 4 – INVENTORIES, NET

 

Inventories, net at June 30, 2017 and December 31, 2016 consisted of the following:

 


(In thousand $)   June 30,
2017
    December 31,
2016
 
Raw materials   $ 2,285     $ 2,378  
Work in process     49       5  
Finished goods     232       188  
      2,566       2,571  
Less: inventory reserves     (711 )     (709 )
Inventories, net   $ 1,855     $ 1,862