INVENTORY |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2023 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| INVENTORY |
NOTE E — INVENTORY Following are the major classes of inventory as of the below dates (in thousands):
The Company recorded inventory scrap loss reserves of $0.2 million and $0.7 million for the three and six months ended June 30, 2023, respectively. Due to the Company’s evaluation of the inventory’s net realizable value, the Company recorded an inventory reserve of $1.8 million for the three and six months ended June 30, 2022. Additions to inventory reserves are included in cost of products in the accompanying Condensed Consolidated Statements of Operations. |
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- References No definition available.
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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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