Note 3 - Inventories, Net
12 Months Ended
Dec. 31, 2021
Notes to Financial Statements  
Inventory Disclosure [Text Block]

3. Inventories, net

 

Inventories consist of finished goods, raw materials and work in process and are stated at the lower of cost or net realizable value and consist of the following (in thousands):

 

  

As of December 31,

 
  

2021

  

2020

 

Raw materials

 $722  $257 

Work-in-process

  159   30 

Finished goods

  230   1,339 

Inventories

 $1,111  $1,626 

 

During the year ended December 31, 2021, the Company recorded inventory impairment charges of approximately $0.8 million, primarily as a result of DSUVIA inventory that may expire before being sold. During the year ended December 31, 2020, the Company recorded inventory impairment charges of approximately $0.7 million, of which $0.3 million related to the termination of the Amended Agreements, while $0.4 million related to DSUVIA inventory, primarily inventory that may expire before being sold.