Inventories

9 Months Ended

Sep. 30, 2019

Inventories

Inventories

5. Inventories

The following table presents current and long-term inventories as of September 30, 2019 and December 31, 2018:

	September 30,		December 31,
	2019		2018
Work-in-process	$	106,781	$	126,620
Finished goods		15,651		14,360
Allowance for obsolete inventories		(347)		—
Total inventories	$	122,085	$	140,980

Some of the costs related to our finished goods on-hand as of December 31, 2018 were expensed as incurred prior to the commercialization of Rubraca on December 19, 2016.

At September 30, 2019, we had $24.9 million of current inventory and $97.2 million of long-term inventory. In addition, we had $12.4 million long-term deposit on inventory, which consists of API which we expect to be converted to finished goods and sold beyond the next twelve months.