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Inventories
3 Months Ended
Mar. 31, 2024
Inventory Disclosure [Abstract]  
Inventories

5. Inventories

Inventories as of March 31, 2024 and December 31, 2023 consisted of the following:

(in thousands)

 

March 31, 2024

 

 

December 31, 2023

 

Raw materials

 

$

25,792

 

 

$

25,819

 

Work in process

 

 

13,802

 

 

 

9,710

 

Finished goods

 

 

2,500

 

 

 

2,368

 

Obsolescence allowance

 

 

(4,062

)

 

 

(3,808

)

Total inventories

 

$

38,032

 

 

$

34,089

 

Amounts credited to the allowance for obsolete inventory and charged to cost of sales amounted to $0.5 million and $0.2 million for the three months ended March 31, 2024 and 2023, respectively.