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Inventories
6 Months Ended
Jun. 30, 2025
Inventories  
Inventories

5. Inventories

 

Inventories, net of reserves, as of June 30, 2025 and December 31, 2024 consisted of the following:  

 

 

 

June 30, 2025

 

 

December 31, 2024

 

Current:

 

 

 

 

 

 

 

 

Raw materials

 

$

2,091

 

 

$

2,424

 

Finished goods

 

 

6,755

 

 

 

8,800

 

 

 

$

8,846

 

 

$

11,224

 

 

 

 

 

 

 

 

 

 

Long-term:

 

 

 

 

 

 

 

 

Raw materials

 

$

1,346

 

 

$

1,112

 

Finished goods

 

 

3,287

 

 

 

3,808

 

 

 

$

4,633

 

 

$

4,920

 

  

Long-term inventory represents inventory held in excess of our current (next 12 months) requirements based on our recent sales and forecasted level of sales. We expect to sell the above inventory, net of reserves, at or above the stated cost and believe that no loss will be incurred on its sale, although there can be no assurance of the timing or amount of any sales. 

 

Net loss incurred on valuation of inventory at lower of cost or net realizable value and write-off of obsolete inventory for three and six months ended June 30, 2025 and 2024 was as follows:   

 

 


Three months ended June 30,


Six months ended June 30,

 


2025

2024

2025

2024

Net loss (recovery) incurred on valuation of inventory at lower of cost or net realizable value and write-off of obsolete inventory


$ 48
$ (95)

$ 320

$ 98