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