| Schedule of Major Classes of Inventories |
The
Company’s major classes of inventory were as follows:
Schedule of Major Classes of Inventories
| | |
September 30,
2024 | | |
December 31,
2023 | |
| Raw materials | |
$ | 42 | | |
$ | 3,081 | |
| Work in progress | |
| 10,284 | | |
| 10,696 | |
| Finished goods | |
| 8,720 | | |
| 10,922 | |
| Inventory, gross | |
| 19,046 | | |
| 24,699 | |
| Less: inventory reserves | |
| (2,239 | ) | |
| (2,289 | ) |
| Inventory, net | |
$ | 16,807 | | |
$ | 22,410 | |
| Balance Sheet Classification: | |
| | | |
| | |
| Inventory | |
$ | 3,963 | | |
$ | 5,753 | |
| Inventory, net of current portion | |
| 12,844 | | |
| 16,657 | |
| Inventory,
net | |
$ | 16,807 | | |
$ | 22,410 | |
|
The
Company’s major classes of inventories were as follows:
Schedule of Major Classes of Inventories
| | |
2023 | | |
2022 | |
| | |
December 31, | |
| | |
2023 | | |
2022 | |
| Raw materials | |
$ | 3,081 | | |
$ | 7,719 | |
| Work in progress | |
| 10,696 | | |
| 12,381 | |
| Finished goods | |
| 10,922 | | |
| 9,256 | |
| Inventory, gross | |
| 24,699 | | |
| 29,356 | |
| Less: inventory reserves | |
| (2,289 | ) | |
| (1,099 | ) |
| Inventory, net | |
$ | 22,410 | | |
$ | 28,257 | |
| Balance Sheet Classification: | |
| | | |
| | |
| Inventory | |
| 5,753 | | |
| 5,308 | |
| Inventory, net of current portion | |
| 16,657 | | |
| 22,949 | |
| Inventory,
net | |
$ | 22,410 | | |
$ | 28,257 | |
|
| Schedule of Inventory Reserves |
|
A
schedule of the activity in the inventory reserves is as follows:
Schedule of Inventory Reserves
| Balance at January 1, 2022 | |
$ | 48 | |
| Additions for obsolete inventory | |
| 1,051 | |
| Balance at December 31, 2022 | |
| 1,099 | |
| Additions for obsolete inventory | |
| 7,627 | |
| Write-offs | |
| (6,437 | ) |
| Balance at December 31, 2023 | |
$ | 2,289 | |
|