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Inventory
 6 Months Ended
Jun. 30, 2023
Inventory Disclosure [Abstract]  
Inventory
5.
Inventory

Inventory consisted of the following (in thousands):

 

 

 

June 30,
2023

 

 

December 31,
2022

 

Raw materials

 

$

1,138

 

 

$

1,410

 

Work in process

 

 

1,428

 

 

 

1,078

 

Finished goods

 

 

1,695

 

 

 

398

 

Total inventory

 

$

4,261

 

 

$

2,886

 

 

The Company recorded a provision for excess and obsolete inventory of $533,000 to cost of sales, excluding amortization of acquired intangible assets, associated with the write-off of the carrying value of DEXYCU trade units for the three and six months ended June 30, 2023, based on a decision during the second quarter of 2023 to forgo further investment in the DEXYCU business.