Quarterly report pursuant to Section 13 or 15(d)

INVENTORY

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INVENTORY
9 Months Ended
Sep. 30, 2024
Inventory Disclosure [Abstract]  
INVENTORY

NOTE 3 – INVENTORY

 

The components of inventory consisted of the following (in thousands):

 

    September 30,
2024
    December 31,
2023
 
    (in thousands)  
Raw Materials   $ 3,346     $ 3,611  
Work-in-process     1,953       2,539  
Finished Goods     2,632       7,489  
Total Inventory   $ 7,931     $ 13,639  

 

During the nine months ended September 30, 2024, the Company recorded write-downs related to Tosymra and Zembrace finished goods inventory of approximately $2.0 million based on an assessment of inventory on hand and projected sales prior to the respective expiration dates.