Inventories

12 Months Ended

Dec. 31, 2020

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories are valued at the lower of cost or net realizable value and using the first-in-first-out method. Inventories as of December 31, 2020 and 2019 consisted of (in thousands):

	2020		2019
Raw materials	$	13,487	$	14,117
Work in progress	386		133
Finished goods	21,525		10,989
Inventories reserve	(12,002)		(2,208)
Inventories, net	$	23,396	$	23,031

During 2020, there was a significant increase in Inventories reserve due to a combination of lower sales resulting from lower demand due to COVID-19 and quality issues related to the FDA Warning Letter.