Inventory

9 Months Ended

Sep. 30, 2025

Inventory Disclosure [Abstract]

Inventory

5. Inventory

The Company’s major classes of inventory were as follows:

	September 30, 2025			December 31, 2024
Raw materials	$	42		$	42
Work in progress		1,876			8,093
Finished goods		9,660			11,964
Inventory, gross		11,578			20,099
Less: inventory reserves		(2,063	)		(2,103	)
Inventory, net	$	9,515		$	17,996
Balance Sheet Classification:
Inventory	$	2,563		$	5,409
Inventory, net of current portion		6,952			12,587
	$	9,515		$	17,996

Inventory, net of current portion includes inventory expected to remain on-hand beyond one year from each balance sheet date presented. Within cost of revenues from product sales on the condensed consolidated statement of operations and comprehensive loss the Company recognized write-offs of capitalized bulk material costs of $1,387 and $3,903 for the three and nine months ended September 30, 2025, respectively. The Company did not recognize any inventory impairment during the three and nine months ended September 30, 2025 and 2024.

A schedule of the activity in the inventory reserves is as follows:

Balance at December 31, 2024	$	2,103
Reduction in reserve for obsolete inventory		(40	)
Balance at September 30, 2025	$	2,063