INVENTORIES |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2019 | ||||||||||||||||||||||||||||||||||||||||||||||||||
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| INVENTORIES |
4. INVENTORIES The following table summarizes inventories, net as of December 31, 2019 and 2018 (in thousands):
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.
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