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Inventory | 12 Months Ended
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Dec. 31, 2023
Inventory Disclosure [Abstract] |
Inventory | 5. Inventory The Company's inventory balance consists of the following (in thousands):
| As of December 31,
2023 |  | 2022 |  |
Raw materials | $ | 24,562 |  |  | $ | 27,245 |  |  |
Work-in-process | 33,480 |  |  | 22,460 |  |  |
Finished goods | 25,206 |  |  | 20,217 |  |  |
| $ | 83,248 |  |  | $ | 69,922 |  |  |
Inventory is stated at the lower of cost and net realizable value and consists of raw materials, work-in-process and finished goods. The Company has not recorded any significant inventory write-downs. The Company currently uses a limited number of third-party CMOs to produce its inventory.

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 330 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//330/tableOfContent + Details
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