INVENTORY

12 Months Ended

Dec. 31, 2023

Inventory Disclosure [Abstract]

INVENTORY

NOTE 6. INVENTORY

Inventories consisted of the following at December 31 (in thousands):

	2023		2022
Raw materials	$	1,268	$	1,827
Work in process	648		2,115
Finished goods	1,394		1,252
	$	3,310	$	5,194

During the year ended December 31, 2023, the Company recorded a charge of $1.2 million to write-down excess quantities of instrument inventory on hand above and beyond our forecast of future demand for those products. This write-down primarily impacted work in process inventory for the period. There was no write-down of inventory required in 2022.