XML 21 R11.htm IDEA: XBRL DOCUMENT v3.20.2
Inventory
6 Months Ended
Jun. 30, 2020
Inventory  
Inventory

4.           Inventory

Inventory consisted of the following (in thousands):

    

June 30, 

    

December 31, 

2020

2019

Raw Materials

$

5,331

$

5,089

Work in process

 

64,651

 

43,446

Finished goods

 

11,002

 

6,536

Total

$

80,984

$

55,071

Balance sheet classifications (in thousands):

    

June 30, 

    

December 31, 

2020

2019

Inventory

$

27,192

$

9,807

Inventory, non-current

 

53,792

 

45,264

Total

$

80,984

$

55,071

Inventory expected to be sold in periods more than twelve months from the balance sheet date is classified as inventory, non-current on the condensed consolidated balance sheet. As of June 30, 2020 and December 31, 2019, the non-current portion of inventory consisted of raw materials and a portion of work in process.

Prepaid manufacturing of $14.2 million and $8.6 million included in current assets on the condensed consolidated balance sheet as of June 30, 2020 and December 31, 2019, respectively, includes prepayments of $10.1 million and $7.2 million as of June 30, 2020 and December 31, 2019, respectively, made to a contract manufacturing organization (“CMO”) for manufacturing services for UDENYCA®, which the Company expects to be converted into inventory within the next twelve months.