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Note 4 - Inventory
3 Months Ended
Mar. 31, 2022
Notes to Financial Statements  
Inventory Disclosure [Text Block]

4. Inventory

 

Inventory includes costs related to the manufacture of TPOXX®. Inventory consisted of the following:

 

   

As of

 
   

March 31, 2022

   

December 31, 2021

 

Raw materials

  $ 22,047     $ 22,047  

Work in-process

    14,720,449       17,453,358  

Finished goods

    1,535,005       2,034,974  

Inventory

  $ 16,277,501     $ 19,510,379  

 

For the three months ended March 31, 2022, cost of goods sold included a net inventory-related loss of $0.1 million. This loss related to a $0.2 million inventory write-down, partially offset by a credit from a contract manufacturing organization ("CMO") in connection with the inventory write-down.