Quarterly report pursuant to Section 13 or 15(d)

Inventory

v3.8.0.1
Inventory
 3 Months Ended
Mar. 31, 2018
Inventory Disclosure [Abstract]  
Inventory

NOTE 5—INVENTORY

Inventory is valued at the lower of cost or net realizable value and is comprised of the following (in thousands):  

 

 

March 31,

 

 

December 31,

 

 

2018

 

 

2017

 

Raw materials

$

3,709

 

 

$

3,953

 

Work-in-process

 

1,604

 

 

 

1,162

 

Finished goods

 

8,088

 

 

 

7,183

 

Inventory, net

$

13,401

 

 

$

12,298

 

 

Inventory is net of a provision for excess and obsolete inventory totaling $1.7 million and $1.9 million as of March 31, 2018 and December 31, 2017, respectively.