Inventories

6 Months Ended

Jun. 30, 2026

Note 6 — Inventories

As of June 30, 2026, inventories, net consisted of the following:

in thousands	June 30, 2026
Raw materials	$	118
Indirect materials		60
Inventory in transit		50
Work in process		758
Finished goods		447
Merchandise		186
Inventory reserve		(120	)
Total inventory, net of provision	$	1,499

There were no inventories, net as of December 31, 2025, prior to the Business Combination.