XML 29 R19.htm IDEA: XBRL DOCUMENT v3.23.1
Inventory (Tables)
3 Months Ended
Mar. 31, 2023
Inventory Disclosure [Abstract]  
Schedule of Inventory

The Company capitalizes its purchases of saleable inventory of VASCEPA from suppliers that have been qualified by regulatory authorities. Inventories as of March 31, 2023 and December 31, 2022 consist of the following:

In thousands

 

March 31, 2023

 

 

December 31, 2022

 

Raw materials

 

$

127,025

 

 

$

126,391

 

Work in process

 

 

7,085

 

 

 

52,297

 

Finished goods

 

 

235,433

 

 

 

213,664

 

Total inventory (1)

 

$

369,543

 

 

$

392,352

 

(1) Total inventory consists of both current inventory and long-term inventory. During the three months ended March 31, 2023, approximately $2.3 million of inventory was expensed through cost of goods sold for both product dating and non-product dating unsellable inventory.