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Inventories, Net
 9 Months Ended
Sep. 30, 2023
Inventory Disclosure [Abstract]  
Inventories, Net Inventories, Net
The following table presents the Company’s inventories, net ($ in thousands):
September 30, 2023December 31, 2022
Finished goods21,417 12,156 
Raw materials22,812 19,029 
Work in progress— 436 
Inventories, net44,229 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 $0.1 million and $0.7 million during the three and nine months ended September 30, 2023, respectively, and $0.3 million and $0.5 million during the three and nine months ended September 30, 2022 respectively.