v3.26.3
Inventories
 9 Months Ended
Sep. 30, 2026
Inventory Disclosure [Abstract]  
Inventories

4. Inventories

Inventories consisted of the following:

(in thousands)

 

September 30, 2026

 

 

December 31, 2025

 

Raw materials

 

$

950

 

 

$

452

 

Work in process

 

 

—

 

 

 

227

 

Finished goods

 

 

8,622

 

 

 

9,443

 

Allowance for slow-moving and obsolete inventory

 

 

(1,433

)

 

 

(495

)

Total

 

$

8,139

 

 

$

9,627

 

Activity in the allowance for slow-moving and obsolete inventory during the nine months ended September 30, 2026 was as follows:

 

 

Nine months ended September 30,

 

(in thousands)

 

2026

 

 

2025

 

Balance at beginning of period

 

$

495

 

 

$

516

 

Additions charged to earnings

 

 

1,467

 

 

 

—

 

Write-offs of obsolete inventory

 

 

(529

)

 

 

—

 

Balance at end of period

 

$

1,433

 

 

$

516