v3.26.1
Inventory (Tables)
3 Months Ended
Mar. 31, 2026
Inventory Disclosure [Abstract]  
Summary of current inventory

Inventory consists of the following (in thousands):

 

 

March 31, 2026

 

 

December 31, 2025

 

Raw materials

 

$

16,879

 

 

$

17,137

 

Work-in-process

 

 

2,770

 

 

 

3,871

 

Finished goods

 

 

15,281

 

 

 

16,158

 

Total inventory

 

$

34,930

 

 

$

37,166

 

The Company identified approximately $0.5 million in unsalable product which is included in prepaid expenses and other current assets in the condensed consolidated balance sheet at March 31, 2026 as the Company believes it will be reimbursed. The Company's inventory write-downs were approximately $0.5 million during the three months ended March 31, 2026, and was recorded within cost of sales in the condensed consolidated statements of operations and relates to slow-moving FYCOMPA® inventory and unsalable AGAMREE® inventory. There were no inventory reserves during the three months ended March 31, 2025.