Quarterly report pursuant to Section 13 or 15(d)

Inventory

v3.21.2
Inventory
9 Months Ended
Sep. 30, 2021
Inventory  
Inventory

6.    Inventory

Inventory consists of the following ($ in thousands):

    

September 30, 

    

December 31, 

2021

2020

Raw materials

$

231

$

190

Work-in-progress

22

Finished goods

30

21

261

233

Less: Inventory reserve for excess and slow moving inventory

 

 

Total

$

261

$

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.