Annual report pursuant to Section 13 and 15(d)

Inventory

v3.22.1
Inventory
12 Months Ended
Dec. 31, 2021
Inventory Disclosure [Abstract]  
Inventory

Note 6. Inventory

Inventory consists of the following:

 

(in thousands)

 

December 31,
2021

 

 

December 31,
2020

 

Raw material

 

$

853

 

 

 

1,669

 

Work in process

 

 

77

 

 

 

79

 

Finished goods

 

 

9,447

 

 

 

4,805

 

Total inventory

 

$

10,377

 

 

$

6,553

 

 

The Company maintained reserves for obsolete inventory of $1.0 million and $0.8 million as of December 31, 2021 and 2020, respectively. As of December 31, 2021, obsolete inventory impairment related to finished goods is $0.8 million and $0.2 million is related to raw materials. As of December 31, 2020, all obsolete inventory impairment related to raw materials. The impairment of obsolete inventories is recorded within cost of revenue in the consolidated statements of operations and comprehensive income (loss).