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Inventory, Net
6 Months Ended
Jun. 30, 2024
Inventory Disclosure [Abstract]  
Inventory, Net
5.
INVENTORY, NET

The components of inventory, net were as follows:

 

 

June 30,

 

 

December 31,

 

(in thousands)

 

2024

 

 

2023

 

Product inventory – Pellets

 

$

8,264

 

 

$

7,200

 

Pellets in process

 

 

377

 

 

 

 

Raw materials

 

 

186

 

 

 

 

Less: Obsolete and expired pellet allowance

 

 

(1,314

)

 

 

(1,272

)

Pellet inventory, net

 

 

7,513

 

 

 

5,928

 

Product inventory – Dietary supplements

 

 

11,714

 

 

 

11,394

 

Less: Obsolete and expired dietary supplement allowance

 

 

(15

)

 

 

(15

)

Dietary supplement inventory, net

 

 

11,699

 

 

 

11,379

 

Inventory, net

 

$

19,212

 

 

$

17,307

 

 

As of June 30, 2024, raw material and work in process were not material.