XML 40 R12.htm IDEA: XBRL DOCUMENT v3.25.4
Inventory
12 Months Ended
Dec. 31, 2025
Inventory Disclosure [Abstract]  
Inventory INVENTORY
Inventory consisted of the following:
December 31,
(in thousands)20252024
Raw materials$28,009 $30,792 
Work in process88,259 58,685 
Finished goods6,839 1,707 
Total$123,107 $91,184 
Reported as
Inventory$17,735 $21,173 
Inventory, non-current105,372 70,011 
Total$123,107 $91,184 
Prepaid commercial manufacturing with third-party CMOs not included in inventory was $14.5 million and $16.4 million as of December 31, 2025 and 2024, respectively. There were no prepayments expected to be converted into inventory after 12 months as of December 31, 2025 and 2024.