Inventory, Net

3 Months Ended

Mar. 31, 2022

Inventory, Net [Abstract]

INVENTORY, NET

NOTE 8 INVENTORY, NET

Inventory consisted of the following as of March 31, 2022 and December 31, 2021:

(Amounts in thousands)	March 31, 2022			December 31, 2021
Raw materials	$	8,317		$	6,810
Work in progress		1,280			1,255
Finished goods		3,633			3,645
Total inventory		13,230			11,710
Reserve		(1,157	)		(1,166	)
Total inventory, net	$	12,073		$	10,544

The Company maintains a perpetual inventory system which is supplemented by periodic reviews of inventory quantities on hand. The Company records an impairment for excess and obsolete inventory, when necessary, based on factors including its estimated forecast of product demand, the stage of the product life cycle and production requirements for the units in question.