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Inventories, Net
6 Months Ended
Jun. 30, 2023
Inventory Disclosure [Abstract]  
Inventories, Net Inventories, Net
The following table presents the Company’s inventories, net ($ in thousands):
June 30, 2023December 31, 2022
Finished goods16,687 12,156 
Raw materials19,320 19,029 
Work in progress346 436 
Inventories, net36,353 31,621 
The Company writes down inventory for any excess or obsolete inventories or when the Company believes that the net realizable value of inventories is less than the carrying value. The Company recorded write-downs in inventory, which were included in cost of sales, of $0.2 million and $0.6 million during the three and six months ended June 30, 2023, respectively, and $0.1 million and $0.2 million during the three and six months ended June 30, 2022 respectively.