Quarterly report [Sections 13 or 15(d)]

Inventory, net

v3.26.1
Inventory, net
3 Months Ended
Mar. 31, 2026
Inventory Disclosure [Abstract]  
Inventory, net
Note E – Inventory, net
The inventory balance was as follows:
March 31, 2026 December 31, 2025
Raw materials $ 37,222  $ 32,634 
Work in process 25,172  20,193 
Finished goods 6,956  3,020 
Inventory, net
$ 69,350  $ 55,847 
The Company records a reserve for slow-moving inventory as a charge against earnings for all products identified as surplus, slow-moving, or discontinued. The amounts presented above are shown net of inventory reserves of $2.6 million and $2.4 million as of March 31, 2026 and December 31, 2025, respectively.