Inventories

9 Months Ended

Sep. 30, 2020

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories consist of the following (dollars in thousands):

	September 30, 2020		December 31, 2019
	(unaudited)
Raw materials	$	9,528	$	4,582
Work in process	17,571		11,428
Finished goods	15,366		10,618
Total	$	42,465	$	26,628

As of September 30, 2020, the Company capitalized $11.3 million of pre-launch inventory costs for SPN-812. As of December 31, 2019, the Company had not capitalized any pre-launch inventory costs. Refer to Note 2 for discussion of the Company's accounting policy.

Inventories include acquired inventory from the USWM Acquisition. Refer to Note 3 for further discussion of the USWM Acquisition.