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Inventories
3 Months Ended
Mar. 31, 2025
Inventory Disclosure [Abstract]  
Inventories

5. Inventories

Inventories as of March 31, 2025 and December 31, 2024 consisted of the following:

(in thousands)

 

March 31, 2025

 

 

December 31, 2024

 

Raw materials

 

$

21,886

 

 

$

27,466

 

Work in process

 

 

12,541

 

 

 

14,532

 

Finished goods

 

 

21,634

 

 

 

4,342

 

Obsolescence allowance

 

 

(3,142

)

 

 

(3,716

)

Total inventories

 

$

52,919

 

 

$

42,624

 

Amounts credited to the allowance for obsolete inventory and charged to cost of sales amounted to $0.1 million and $0.5 million for the three months ended March 31, 2025 and 2024, respectively.