| Inventory, net |
Inventory, net consisted of the following (in thousands):
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
$ |
85,528 |
|
|
$ |
118,395 |
|
|
|
|
23,549 |
|
|
|
33,650 |
|
|
|
|
11,169 |
|
|
|
13,483 |
|
Less: allowance for slow-moving and excess inventory |
|
|
(2,669 |
) |
|
|
(5,048 |
) |
|
|
|
|
|
|
|
|
|
|
|
$ |
117,577 |
|
|
$ |
160,480 |
|
|
|
|
|
|
|
|
|
|
|
Inventory consists of the following (in thousands):
|
|
|
|
|
|
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
|
|
|
|
|
$ |
50,916 |
|
|
$ |
85,528 |
|
|
|
|
25,042 |
|
|
|
23,549 |
|
|
|
|
11,080 |
|
|
|
11,169 |
|
Allowance for slow moving and excess |
|
|
(3,922 |
) |
|
|
(2,669 |
) |
|
|
|
|
|
|
|
|
|
Total Inventory, net |
|
$ |
83,116 |
|
|
$ |
117,577 |
|
|
|
|
|
|
|
|
|
| The following is the activity of the reserve for slow moving and excess inventory (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
| |
|
Period from
July 1, 2023
to October 31,
2023 |
|
|
|
|
|
Period from
Inception to
June 30,
2024 |
|
|
|
|
|
|
$ |
(1,457 |
) |
|
|
|
|
|
$ |
— |
|
|
$ |
(3,922 |
) |
|
|
|
— |
|
|
|
|
|
|
|
(3,638 |
) |
|
|
— |
|
Provision for slow moving and excess |
|
|
— |
|
|
|
|
|
|
|
(349 |
) |
|
|
(9 |
) |
|
|
|
— |
|
|
|
|
|
|
|
65 |
|
|
|
1,262 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(1,457 |
) |
|
|
|
|
|
$ |
(3,922 |
) |
|
$ |
(2,669 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|