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Inventory
12 Months Ended
Dec. 31, 2022
Inventory  
Inventory

7.  Inventory

Inventory as of December 31, 2022 and 2021, consists of the following (in thousands):

    

December 31,

    

December 31,

 

2022

2021

Raw materials and supplies - production locations

$

450,432

$

187,449

Raw materials and supplies - customer locations

18,860

16,294

Work-in-process

 

112,231

 

58,341

Finished goods

 

64,113

 

7,079

Inventory

$

645,636

$

269,163

As of December 31, 2022 and 2021, the reserve for excess and obsolete inventory was $5.4 million and $3.5 million, respectively.

Inventory is primarily comprised of raw materials, work-in-process, and finished goods. The increase in inventory is primarily due to a combination of new product offerings, as well as increased revenue and orders.