Inventory

3 Months Ended

Mar. 31, 2024

Inventory Disclosure [Abstract]

Inventory

INVENTORY

Inventory as of March 31, 2024 and December 31, 2023 consisted of the following (in thousands):

	March 31, 2024		December 31, 2023
Raw materials	$	20,906	$	22,920
Work in process	54,206		24,582
Finished goods	3,746		1,985
Total	$	78,858	$	49,487
Reported as:
Inventory	$	9,813	$	12,448
Inventory, non-current	69,045		37,039
Total	$	78,858	$	49,487

In addition to inventory, we had prepaid commercial manufacturing of $9.8 million and $23.2 million as of March 31, 2024 and December 31, 2023, respectively, which consisted of prepayments to third party contract manufacturing organizations, including prepayments of $4.2 million as of both March 31, 2024 and December 31, 2023 that are expected to be converted into inventory after 12 months.