Quarterly report pursuant to Section 13 or 15(d)

Inventories, Net

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Inventories, Net
9 Months Ended
Sep. 30, 2017
Inventory Disclosure [Abstract]  
Inventories, Net

3. Inventories, net

 

Inventories consisted of the following (in thousands):

 

    September 30, 2017     December 31, 2016  
Raw materials   $ 676     $ 761  
WIP     101       75  
Finished goods     4,889       6,377  
    $ 5,666     $ 7,213  

 

Finished goods included consigned inventory totaling approximately $2.8 million and $5.6 million as of September 30, 2017 and December 31, 2016, respectively. As of September 30, 2017, inventories totaling $1.7 million and $3.9 million were classified as current and long-term, respectively. Inventories classified as current represent the carrying value of inventories at September 30, 2017 that management estimates will be sold by September 30, 2018. As of December 31, 2016, all inventories were classified as current.