XML 25 R10.htm IDEA: XBRL DOCUMENT v3.25.1
INVENTORY
3 Months Ended
Mar. 31, 2025
Inventory Disclosure [Abstract]  
INVENTORY INVENTORY
Inventory consisted of the following:
(in thousands)March 31, 2025December 31, 2024
Raw materials$40,612 $30,792 
Work in process60,988 58,685 
Finished goods4,275 1,707 
Total$105,875 $91,184 
Reported as
Inventory$23,776 $21,173 
Inventory, non-current82,099 70,011 
Total$105,875 $91,184 
Prepaid commercial manufacturing with third-party CMOs not included in inventory was $17.1 million and $16.4 million as of March 31, 2025 and December 31, 2024, respectively. There was $3.2 million of prepayments expected to be converted into inventory after 12 months as of March 31, 2025, as compared to zero as of December 31, 2024.