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Inventories
6 Months Ended
Jun. 30, 2022
Inventory Disclosure [Abstract]  
Inventories

6. Inventories

Inventory balances, net of reserves, consist of the following:

 

 

June 30,
2022

 

 

December 31,
2021

 

Finished goods

 

$

20,971

 

 

$

16,702

 

Raw materials

 

 

15,893

 

 

 

18,905

 

Component parts

 

 

1,504

 

 

 

955

 

Total inventories

 

$

38,368

 

 

$

36,562

 

The Company recorded a provision for excess and obsolete inventory of $0.7 million and $0.8 million for the three and six months ended June 30, 2022, respectively. The Company recorded a reversal of previous provisions for excess and obsolete inventory of $0.2 million for each of the three and six months ended June 30, 2021. The increase in the provision for the three and six months ended June 30, 2022 related to a decrease in anticipated future demand and production levels.