Quarterly report pursuant to Section 13 or 15(d)

Inventory

v3.20.2
Inventory
 9 Months Ended
Sep. 30, 2020
Inventory  
Inventory

6.    Inventory

 

Inventory consists of the following ($ in thousands):

 

 

 

 

 

 

 

 

 

    

September 30, 

    

December 31, 

 

 

2020

 

2019

 

 

 

 

 

 

 

Raw materials

 

$

157

 

$

113

Less: Inventory reserve for excess and slow moving inventory

 

 

 —

 

 

 —

Total

 

$

157

 

$

113

 

As a contract manufacturer, the Company builds its products based on customer orders and immediately ships the products upon completion of the production process.  There was no work in progress or finished goods inventories as of September 30, 2020 and December 31, 2019.