Inventories

12 Months Ended

Sep. 30, 2022

Inventories

Inventories

4.     Inventories

Inventories consist of the following:

	September 30,		September 30,
	2022		2021
	(Amounts in thousands)
Raw materials	$	421	$	736
Work-in-process		23		289
Finished goods		3,928		2,964
Total	$	4,372	$	3,989

Several components used in our HPP segment products are obtained from sole-source suppliers. We are dependent on key vendors such as ADP, NXP, and BCRM for a variety of processors for certain products. We are dependent NVIDIA for our high-speed interconnect components and Marvel for Myricom components. Despite our dependence on these sole-source suppliers, based on our current forecast and our projected sales obligations, we believe we have adequate inventory on hand and our current near-term requirements can be met in the existing supply chain.

COVID-19 has adversely affected the distribution channel leading to significantly longer lead times when ordering product. Manufacturers are not producing as much product as prior to the pandemic due to disruptions, resulting in supply shortages. Additionally, recent global shipping delays have exacerbated this problem. The TS segment has many vendors it transacts with and supply shortages are pervasive with many of them.