Annual report pursuant to Section 13 and 15(d)

INVENTORIES

v3.19.3.a.u2
INVENTORIES
12 Months Ended
Dec. 31, 2019
INVENTORIES  
INVENTORIES

4. INVENTORIES

The following table summarizes inventories, net as of December 31, 2019 and 2018 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

2019

    

2018

Work in process

 

$

810

 

$

530

Finished goods

 

 

544

 

 

364

Total

 

$

1,354

 

$

894

 

As of December 31, 2019, we have $3.0 million in advance payments to our manufacturer of our raw materials, which is included as part of Prepaid and Other Current Assets in the balance sheet. We take ownership of such raw materials when they are completed and delivered to us.