Inventories, net consisted of the following:
(in thousands)
January 31, 2016
January 31, 2015
Finished goods
$
3,075
$
4,733
Work-in-process
1,018
595
Components
4,142
2,672
Less: inventory reserve
(800
)
(663
)
Inventories, net
$
7,435
$
7,337