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Inventory
6 Months Ended
Jun. 30, 2025
Inventory Disclosure [Abstract]  
Inventory

6. Inventory

Inventory consists of the following (in thousands):

 

 

 

June 30, 2025

 

 

December 31, 2024

 

Raw materials

 

$

35,817

 

 

$

19,733

 

Work in process

 

 

26,145

 

 

 

27,190

 

Finished goods

 

 

11,003

 

 

 

6,237

 

Total inventory

 

$

72,965

 

 

$

53,160

 

As of June 30, 2025, total inventory included $34.5 million related to CINVANTI, $31.7 million related to ZYNRELEF, $3.0 million related to SUSTOL and $3.8 million related to APONVIE. As of December 31, 2024, total inventory included $36.6 million related to CINVANTI, $11.8 million related to ZYNRELEF, $3.2 million related to SUSTOL and $1.6 million for APONVIE.

For the three and six months ended June 30, 2025, cost of product sales included charges of $0.5 million relating to reserves and write-offs of inventory. For the three and six months ended June 30, 2024, cost of product sales included charges of $1.6 million, relating to the write-off of inventory.