Balance Sheet Details

12 Months Ended

Dec. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

5. Balance Sheet Details

Inventory consisted of the following (in thousands):


	December 31,
	2023		2022
Finished goods	$	5,001	$	1,926
Work in process		4,134		4,427
Raw material		31,312		5,207
	$	40,447	$	11,560
Reported as:
Inventory	$	35,819	$	6,636
Long-term inventory		4,628		4,924
Total	$	40,447	$	11,560

Amount reported as long-term inventory consisted of raw materials as of December 31, 2023 and 2022. The Company has raw materials beyond its one-year production plan that prevent the Company from potential supply interruption. Those raw materials maintained beyond the one-year production plan are classified as long-term inventory.

Property and equipment, net, consisted of the following (in thousands):


	December 31,
	2023			2022
Computers and software	$	5,873		$	5,873
Leasehold improvements		3,746			3,696
Furniture and fixtures		4,549			4,549
		14,168			14,118
Accumulated depreciation		(9,556	)		(8,097	)
	$	4,612		$	6,021

Depreciation of property and equipment was $1.5 million, $2.0 million, and $2.2 million for the years ended December 31, 2023, 2022, and 2021, respectively. For the year ended December 31, 2023, the Company did not retire any fully depreciated property and equipment. For the year ended December 31, 2022, the Company retired $0.1 million of fully depreciated property and equipment. During 2021, the Company did not retire any fully depreciated property and equipment.

Accrued liabilities consisted of the following (in thousands):


	December 31,
	2023		2022
Accrued sales allowances	$	90,718	$	26,046
Accrued compensation and benefits		42,718		28,023
Accrued research and development services		32,883		35,048
Accrued contingent payments		29,583		—
Accrued consulting and professional fees		18,804		11,377
Current portion of lease liabilities		9,405		9,305
Accrued taxes		1,564		377
Other		11,036		2,708
	$	236,711	$	112,884