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Balance Sheet Components

6 Months Ended

Jun. 30, 2024

Balance Sheet Related Disclosures [Abstract]

4. Balance Sheet Components

Inventory

Inventory consisted of the following:


	June 30,		December 31,
	2024		2023
	(in thousands)
Raw materials	$	6,184	$	6,450
Work in process		245		278
Finished goods		5,369		4,346
Total inventory	$	11,798	$	11,074

The balance of the reserve of excess and obsolete inventory was $0.9 million for each of the periods ending June 30, 2024 and December 31, 2023. During the three months ended June 30, 2024, the Company recorded a reserve for excess and obsolete inventory

of $0.2 million related to phasing out the legacy GentleWave Console ("Gen3") and legacy molar and anterior pre-molar procedure instruments. During the three months ended June 30, 2023, the Company recorded a reserve for excess and obsolete inventory of $1.7 million related to reduced sales volumes of legacy Gen3, and a charge of $1.2 million related to phasing out the legacy molar and anterior pre-molar procedure instruments as the Company moved to the CleanFlow procedure instruments, of which $0.6 million was due to excess and obsolete inventory.