v3.24.3
Inventories, net
9 Months Ended
Sep. 30, 2024
Inventory Disclosure [Abstract]  
Inventories, net

Note 2. Inventories, net

Inventories, net consisted of the following:

 

 

September 30,

 

 

December 31,

 

(in thousands)

 

2024

 

 

2023

 

Raw materials

 

$

10,719

 

 

$

10,867

 

Work in process

 

 

1,187

 

 

 

546

 

Finished goods and related items

 

 

14,137

 

 

 

13,857

 

Total inventories, net

 

$

26,043

 

 

$

25,270

 

At September 30, 2024 and December 31, 2023, finished goods and related items included $9.9 million and $7.6 million, respectively, of finished neat PHA. Inventory at September 30, 2024 and at December 31, 2023 is stated net of slow moving inventory reserves of $1.5 million and $0.9 million, respectively.