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Inventory
9 Months Ended
Sep. 30, 2025
Inventory Disclosure [Abstract]  
Inventory Inventory
As of September 30, 2025 and December 31, 2024 inventory consisted of the following:
(in thousands)September 30, 2025December 31, 2024
Work in progress $17,783 $18,338 
Finished goods 259 49 
Total inventory, net$18,042 $18,387 
Inventory write-downs of $237 and $1,873 were recognized for the three and nine months ended September 30, 2025, respectively, and nil and $1,036 were recognized for the three and nine months ended September 30, 2024, respectively, and charged to cost of product sales in the Company’s unaudited condensed consolidated statements of operations.