XML 28 R21.htm IDEA: XBRL DOCUMENT v3.24.2
Inventory (Tables)
6 Months Ended
Jun. 30, 2024
Inventory Disclosure [Abstract]  
Schedule of Inventory

The Company capitalizes its purchases of saleable inventory of VASCEPA from suppliers that have been qualified by the U.S. FDA and other global regulatory agencies. Inventories as of June 30, 2024 and December 31, 2023 consist of the following:

In thousands

 

June 30, 2024

 

 

December 31, 2023

 

Raw materials

 

$

142,594

 

 

$

155,128

 

Work in process

 

 

33,670

 

 

 

5,373

 

Finished goods

 

 

134,438

 

 

 

175,730

 

Total inventory (1)

 

$

310,702

 

 

$

336,231

 

(1) Total inventory consists of both current inventory and long-term inventory. During the six months ended June 30, 2024, approximately $1.5 million of inventory was expensed through cost of goods sold for product dating inventory. During the three and six months ended June 30, 2023 approximately $1.1 million and $3.4 million, respectively, of finished goods were expensed through cost of goods sold related to unsellable inventory not related to product dating.