Inventory

9 Months Ended

Sep. 30, 2022

Inventory Disclosure [Abstract]

Inventory

Inventory

Components of inventory, net of reserves, as of September 30, 2022 and December 31, 2021 are as follows (table in thousands):

	September 30, 2022		December 31, 2021
Raw Materials	$	4,074	$	3,434
Work in Process	336		201
Finished Goods	1,803		1,964
Total	$	6,213	$	5,599

As of September 30, 2022, the Company classified $1.2 million of inventory as non-current, all of which was related to the active pharmaceutical ingredient and raw materials for TRIFERIC®. As of September 30, 2022, the total TRIFERIC® inventory net of reserve was $1.2 million.

The $1.2 million net value of TRIFERIC® inventory consisted of $0.3 million of TRIFERIC® API with an estimated useful life extending through 2023, and $0.9 million of raw materials for TRIFERIC® with an estimated useful life of 25 years.