Quarterly report pursuant to Section 13 or 15(d)

Inventory

v3.21.1
Inventory
 3 Months Ended
Mar. 31, 2021
Inventory  
Inventory

6.    Inventory

Inventory consists of the following ($ in thousands):

 

 

 

 

 

 

 

 

 

    

March 31, 

    

December 31, 

 

 

2021

 

2020

 

 

 

 

 

 

 

Raw materials

 

$

197

 

$

190

Work-in-progress

 

 

34

 

 

22

Finished goods

 

 

21

 

 

21

 

 

 

252

 

 

233

Less: Inventory reserve for excess and slow moving inventory

 

 

 —

 

 

 —

Total

 

$

252

 

$

233

 

As a contract manufacturer, the Company builds its products based on customer orders and immediately ships the products upon completion of the production process.