Annual report [Section 13 and 15(d), not S-K Item 405]

Inventory

v3.26.1
Inventory
12 Months Ended
Dec. 31, 2025
Inventory Disclosure [Abstract]  
Inventory
6.
Inventory

Inventory consists of the following as of December 31:

 

(in thousands)

 

2025

 

 

2024

 

Raw materials and work in process

 

$

7,052

 

 

$

5,503

 

Finished goods

 

 

4,813

 

 

 

3,619

 

Reserve for excess and obsolete inventory

 

 

(3,506

)

 

 

(2,259

)

 

$

8,359

 

 

$

6,863

 

 

Inventory acquired in a business combination is recorded at acquisition date fair value and is recorded as a component of cost of goods sold as the inventory is sold.