General form of registration statement for all companies including face-amount certificate companies

Inventories

v3.22.4
Inventories
9 Months Ended 12 Months Ended
Sep. 30, 2022
Dec. 31, 2021
Inventory Disclosure [Abstract]    
Inventories

4. Inventories

 

Inventories consisted of the following (in thousands):

             
    September 30,
2022
    December 31,
2021
 
Raw materials   $ 509     $ 411  
WIP     148       134  
Finished goods     92       52  
Inventory net   $ 749     $ 597  

 

As of September 30, 2022, inventories totaling approximately $0.3 million and $0.4 million were classified as current and long-term, respectively. As of December 31, 2021, inventories totaling approximately $0.3 million and $0.3 million were classified as current and long-term, respectively. Inventories classified as current represent the carrying value of inventories as of September 30, 2022, that management estimates will be sold or used by September 30, 2023.

 

 

2. Inventories

 

The components of inventory were as follows (in thousands):

 

    2021     2020  
    As of December 31,  
    2021     2020  
Raw materials   $ 411     $ 388  
WIP     134       97  
Finished goods     52       2  
Inventory, net   $ 597     $ 487