Inventory, net

3 Months Ended

Mar. 31, 2023

Inventory, net

Inventory, net

7. Inventory, net

Inventory, net consists of the following:

	March 31, 2023		December 31, 2022
Raw materials	$	2,504	$	1,918
Work-in-process		1,009		499
Finished goods		2		—
		3,515		2,417
Less Inventory Reserve for Obsolescence		—		(34)
Total	$	3,515	$	2,383

As of March 31, 2023 and December 31, 2022, inventory balances include inventory costs subsequent to regulatory approval of KORSUVA injection on August 23, 2021. There were no write-downs of commercial supply inventory during the three months ended March 31, 2023.