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Inventory, Net. (Tables)
6 Months Ended
Jun. 30, 2025
Inventory Disclosure [Abstract]  
Summary of current inventory, net

Inventory, net consists of the following (in thousands):

 

 

June 30, 2025

 

 

December 31, 2024

 

Raw materials

 

$

5,186

 

 

$

6,518

 

Work-in-process

 

 

5,345

 

 

 

3,445

 

Finished goods

 

 

8,119

 

 

 

9,578

 

Total inventory, net

 

$

18,650

 

 

$

19,541

 

The Company's inventory write-offs were approximately $0.5 million as of June 30, 2025 and were recorded within prepaid expenses and other current assets in the consolidated balance sheet as the Company believes it will be reimbursed by the contract manufacturer. The Company's inventory reserve was approximately $0.2 million during both the three and six months ended June 30, 2025 and was recorded within cost of sales in the consolidated statements of operations and relates to slow-moving FYCOMPA® inventory. There were no inventory write-offs or reserves during the three and six months ended June 30, 2024.