Annual report pursuant to Section 13 and 15(d)

Inventory (Tables)

v3.24.1
Inventory (Tables)
 12 Months Ended
Dec. 31, 2023
Inventory Disclosure [Abstract]  
Schedule of Components of Inventories
Inventories consisted of the following:

December 31,
2023 2022
(in thousands)
Raw materials $ 1,843 $ 2,018
Production(1)
3,010 2,213
Finished goods(1)
110 54
Inventory valuation allowance (753) (691)
Total inventory, net $ 4,210 $ 3,594
_____________________
(1) Approximately $1.8 million of inventory classified as finished goods at December 31, 2022 has been reclassified to the production category at December 31, 2023 to conform the historical presentation to the current period presentation, which reflects the nature and timing of the Company's current harvesting and cost accumulation processes.