| SUPPLEMENTAL FINANCIAL STATEMENTS INFORMATION |
SUPPLEMENTAL FINANCIAL STATEMENTS INFORMATION Inventory consisted of the following: | | | | | | | | | | | | | March 31,
2026 | | December 31,
2025 | | Raw materials | $ | 97,850 | | | $ | 106,510 | | | Work-in-process | 1,054,613 | | | 801,061 | | | Finished goods | 120,758 | | | 391,312 | | | Total inventory | $ | 1,273,221 | | | $ | 1,298,883 | |
Property, Plant and Equipment, Net consisted of the following: | | | | | | | | | | | | | March 31,
2026 | | December 31,
2025 | | Property, plant and equipment, gross | $ | 2,052,351 | | | $ | 2,026,813 | | | Accumulated depreciation | (1,094,280) | | | (1,074,305) | | | Total property, plant and equipment, net | $ | 958,071 | | | $ | 952,508 | |
Depreciation expense, net of amounts capitalized into inventory, for the three months ended March 31, 2026 and 2025 was $8.8 million and $14.1 million, respectively. Intangible Assets, Net consisted of the following: | | | | | | | | | | | | | March 31,
2026 | | December 31,
2025 | | Finite-lived intangible assets | $ | 722,360 | | | $ | 723,966 | | | Accumulated amortization | (517,698) | | | (510,129) | | | Net carrying value | $ | 204,662 | | | $ | 213,837 | |
Accounts Payable and Accrued Liabilities consisted of the following: | | | | | | | | | | | | | March 31,
2026 | | December 31,
2025 | | Accounts payable and accrued operating expenses | $ | 395,469 | | | $ | 312,768 | | | Accrued compensation expense | 152,609 | | | 219,422 | | | Accrued rebates payable | 177,657 | | | 166,925 | | | Foreign currency exchange forward contracts | 31,679 | | | 31,007 | | Accrued Interest | 9,460 | | | 907 | | | Lease liability | 9,319 | | | 8,685 | | | Accrued royalties payable | 6,656 | | | 7,968 | | | Accrued income taxes | 3,010 | | | 3,667 | | | | | | | Other | 7,293 | | | 7,682 | | | Total accounts payable and accrued liabilities | $ | 793,152 | | | $ | 759,031 | |
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