Quarterly report pursuant to Section 13 or 15(d)

Inventory

v3.22.1
Inventory
3 Months Ended
Mar. 31, 2022
Inventory  
Inventory

4. Inventory

March 31, 

    

December 31, 

($ in thousands)

2022

2021

Raw materials

$

8,357

$

5,572

Work-in-process

 

533

 

Finished goods

 

7,297

 

4,290

Inventory reserve

(50)

Total inventories

$

16,137

$

9,862

At March 31, 2022 included in finished goods inventory is a step up of $0.6 million related to the Vyne Product Acquisition (as defined in Note 6). This amount will be expensed within cost of sales as the inventory is sold to customers. For additional information on Journey’s acquisition of Vyne Products, please refer to Note 6.