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Inventory
9 Months Ended
Sep. 30, 2023
Inventory [Abstract]  
INVENTORY

5. INVENTORY

 

Inventory consisted of the following:

 

   As of
September 30,
2023
   As of
December 31,
2022
 
Raw materials  $1,634,593   $2,419,982 
Work-in-process   5,325,466    3,468,702 
Finished goods   425,604    149,855 
Total  $7,385,663   $6,038,539 

 

These inventory figures are net of a $460,821 write-off of scrapped inventory during the nine-month period ended September 30, 2023 and a $587,620 write-off of scrapped inventory during the year ended December 31, 2022, that resulted principally from contamination events in our production process.