Inventory

9 Months Ended

Sep. 30, 2020

Inventory Disclosure [Abstract]

Inventory

Note 3. Inventory

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

	September 30,			December 31,
	2020			2019
Raw materials	$	1,130,443		$	872,947
Work in process		165,447			151,351
Finished goods		270,433			284,772
Total gross inventory		1,566,323			1,309,070
Less inventory allowance		(27,770	)		(39,403	)
	$	1,538,553		$	1,269,667

For the three and nine months ended September 30, 2020, the Company recorded adjustments to provision for excess inventory of $10,530 and $12,202, respectively. For the three and nine months ended September 30, 2019, the Company recorded adjustments to provision for excess inventory of $81,582 and $126,582, 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 as of September 30, 2020 was $104,950 compared to $79,338 as of December 31, 2019.