Annual report pursuant to Section 13 and 15(d)

INVENTORIES

v3.20.4
INVENTORIES
12 Months Ended
Dec. 31, 2020
INVENTORIES  
INVENTORIES

4. INVENTORIES

The following table summarizes inventories, net as of December 31, 2020 and 2019 (in thousands):

December 31,

2020

    

2019

Work in process

$

1,189

$

810

Finished goods

449

544

Total

$

1,638

$

1,354

As of December 31, 2020 and 2019, we have $4.0 million and $3.0 million, respectively, in advance payments to our manufacturer of our raw materials, which is included as part of Prepaid and Other Current Assets in the balance sheets. We take ownership of such raw materials when they are completed and delivered to us.