v3.25.1
Inventory
3 Months Ended
Mar. 31, 2025
Inventory Disclosure [Abstract]  
Inventory

7. Inventory

 

The composition of the inventory is as follows (in thousands):

 

 

As of

 

 

March 31, 2025

 

December 31, 2024

 

Raw materials

$

2,468

 

$

2,449

 

Work in process

 

337

 

 

389

 

Finished goods

 

5,590

 

 

4,431

 

Total inventory

$

8,395

 

$

7,269

 

 

The Company values its inventories to reflect the lower of cost or net realizable value. Charges for estimated excess and obsolescence are recorded in Cost of sales in the Consolidated Statements of Operations and were $313,000 and $83,000 for the three-months ended March 31, 2025 and 2024, respectively.