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INVENTORY
6 Months Ended
Jun. 30, 2025
Inventory Disclosure [Abstract]  
INVENTORY

5. INVENTORY:

Inventory consisted of the following (in thousands):

 

 

June 30, 2025

 

 

December 31, 2024

 

Raw materials

 

$

128,547

 

 

$

106,795

 

Work-in-process

 

 

19,164

 

 

 

16,374

 

Finished goods

 

 

60,488

 

 

 

59,769

 

Inventory

 

$

208,199

 

 

$

182,938

 

The increase in inventory during the six months ended June 30, 2025 was primarily due to purchases of certain strategic raw materials. The Company recorded an increase in its inventory reserves of none and $289,000 for the three and six months ended June 30, 2025 and 2024, respectively.