Inventory

6 Months Ended

Jun. 30, 2020

Inventory Disclosure [Abstract]

Inventory

Note 3. Inventory

Inventory, net of allowance, consisted of the following as of the dates indicated:

	June 30,			December 31,
	2020			2019
Raw materials	$	1,064,150		$	872,947
Work in process		106,098			151,351
Finished goods		247,909			284,772
Total gross inventory		1,418,157			1,309,070
Less inventory allowance		(29,587	)		(39,403	)
	$	1,388,570		$	1,269,667

For the three and six months ended June 30, 2020, the Company recorded adjustments to provision for excess inventory of $(5,275) and $1,672, respectively. For the three and six months ended June 30, 2019, the Company recorded adjustments to provision for excess inventory of $20,704 and $45,000, respectively. Adjustments in these periods to the allowance for estimated shrinkage, obsolescence and excess inventory have been included in cost of revenue in the accompanying condensed consolidated statements of operations.

HTG EdgeSeq instruments at customer locations under evaluation agreements are included in finished goods inventory. Finished goods inventory under evaluation was $79,338 at both June 30, 2020 and December 31, 2019.