Quarterly report pursuant to Section 13 or 15(d)

Inventory

v3.21.1
Inventory
 3 Months Ended
Mar. 31, 2021
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,

 

 

 

2021

 

 

2020

 

Raw materials

 

$

3,998

 

 

$

3,721

 

Work-in-process

 

 

1,462

 

 

 

1,158

 

Finished goods

 

 

6,417

 

 

 

6,278

 

Inventory

 

$

11,877

 

 

$

11,157

 

 

Inventory has been reduced by estimates for excess and obsolete amounts totaling $0.7 million as of March 31, 2021 and December 31, 2020.