Annual report pursuant to Section 13 and 15(d)

Inventories

v3.10.0.1
Inventories
12 Months Ended
Dec. 31, 2018
Inventories  
Inventories

4. Inventories

 

Inventories are comprised of unprocessed tissue, work-in-process, Avance® Nerve Graft, Axoguard® Nerve Connector, Axoguard® Nerve Protector, Avive® Soft Tissue Membrane, Acroval® Neurosensory and Motor Testing System, Axotouch® Two-Point Discriminator and supplies and are valued at the lower of cost (first-in, first-out) or net realizable value and consist of the following:

 

 

 

 

 

 

 

 

 

 

    

December 31,

    

December 31,

    

 

 

2018

 

2017

 

 

 

 

 

 

 

Finished goods

 

$

9,194

 

$

5,489

 

Work in process

 

 

454

 

 

470

 

Raw materials

 

 

2,334

 

 

1,357

 

Inventories

 

$

11,982

 

$

7,316

 

 

For the years ended December 31, 2018, 2017 and 2016, the Company had inventory write-downs of $1,343,  $1,438 and $788, respectively, primarily relating to product expiration.