Quarterly report pursuant to Section 13 or 15(d)

Inventory

v3.20.1
Inventory
 3 Months Ended
Mar. 31, 2020
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,

 

 

 

2020

 

 

2019

 

Raw materials

 

$

4,465

 

 

$

3,689

 

Work-in-process

 

 

1,475

 

 

 

1,064

 

Finished goods

 

 

6,252

 

 

 

6,242

 

Inventory

 

$

12,192

 

 

$

10,995

 

 

Inventory has been reduced by estimates for excess and obsolete amounts totaling $1.3 million and $1.3 million as of March 31, 2020 and December 31, 2019, respectively.