Quarterly report pursuant to Section 13 or 15(d)

Inventory

v3.22.1
Inventory
3 Months Ended
Mar. 31, 2022
Inventory  
Inventory

5.    Inventory

Inventory consists of the following ($ in thousands):

    

March 31, 

    

December 31, 

2022

2021

Raw materials

$

184

$

266

Work-in-progress

40

Finished goods

56

25

280

291

Less: Inventory reserve for excess and slow moving inventory

 

 

Total

$

280

$

291

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