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INVENTORIES | 12 Months Ended
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Dec. 31, 2024
INVENTORIES [Abstract] |
INVENTORIES |
3. | INVENTORIES
The following table provides the components of inventories:
|  | December 31, 2024 |  |  | December 31, 2023 |
|  | (In thousands) |
Raw materials |  | $ | 60,473 |  |  | $ | 52,999 |
Work-in-process |  |  | 61,641 |  |  |  | 49,621 |
Finished goods |  |  | 48,121 |  |  |  | 70,286 |
Total inventories |  | $ | 170,235 |  |  | $ | 172,906 |
Raw materials includes plasma and other materials expected to be used in the production of ASCENIV, BIVIGAM and Nabi-HB. These materials will be consumed in the production of products expected to be available for sale or otherwise have alternative uses that provide a probable future benefit. Work-in-process inventory primarily consists of the Company’s IVIG products that are manufactured to the bulk drug substance and unlabeled filled vials stage of production. Finished goods inventory is comprised of the Company’s immunoglobulin products that have reached the filled, labeled and serialized vial stage of production and related intermediates that are available for commercial sale, as well as plasma collected at the Company’s plasma collection centers which is expected to be sold to third-party customers.

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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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