Inventory

3 Months Ended

Mar. 31, 2023

Inventory Disclosure [Abstract]

Inventory

Inventory

Inventory consisted of the following:

(in thousands)	March 31, 2023		December 31, 2022
Raw materials	$	22,335	$	19,987
Work in process	6,535		8,234
Finished goods	13,286		7,254
Total inventory	$	42,156	$	35,475

    

Inventory costs associated with products that have not yet received regulatory approval are capitalized if the Company believes there is probable future commercial use of the product and future economic benefit of the asset. If future commercial use of the product is not probable, then inventory costs associated with such product are expensed during the period the costs are incurred. The Company has no inventory pending regulatory approval as of March 31, 2023.