Quarterly report pursuant to Section 13 or 15(d)

Inventory

v3.23.2
Inventory
6 Months Ended
Jun. 30, 2023
Inventory Disclosure [Abstract]  
Inventory

5. Inventory

 

Inventory consists of the following ($ in thousands):

  

    June 30,     December 31,  
    2023     2022  
Raw materials   $ 638     $ 295  
Work-in-progress     43       51  
Finished goods     398       156  
Inventory, gross     1,079       502  
Less: Inventory reserve for excess and slow moving inventory            
Total   $ 1,079     $ 502  

 

Inventory is maintained at the Company’s warehouse, an outsourced third-party contract manufacturing vendor, and at Amazon fulfillment centers. The Company builds its contract manufacturing products based on customer orders and immediately ships the products upon completion of the production process.