Quarterly report pursuant to Section 13 or 15(d)

Inventory

v3.22.2.2
Inventory
 9 Months Ended
Sep. 30, 2022
Inventory Disclosure [Abstract]  
Inventory

Note 7. Inventory

Inventory consists of the following:

 

(in thousands)

 

September 30,
2022

 

 

December 31,
2021

 

Raw material

 

$

3,865

 

 

$

853

 

Work in process

 

 

230

 

 

 

77

 

Finished goods

 

 

20,466

 

 

 

9,447

 

Total inventory

 

$

24,561

 

 

$

10,377

 

 

The Company maintained reserves for obsolete inventory of $1.3 million and $1.0 million as of September 30, 2022 and December 31, 2021, respectively. As of September 30, 2022, obsolete inventory impairment related to finished goods is $1.1 million and $0.2 million is related to raw materials. 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. The impairment of obsolete inventories are recorded within cost of revenue in the condensed consolidated statements of operations.