v3.26.1
Inventory
6 Months Ended
Jun. 30, 2026
Inventory Disclosure [Abstract]  
Inventory Inventory
The following table summarizes the Company's inventory balances as of June 30, 2026 and December 31, 2025 (in thousands):
June 30, 2026December 31, 2025
Raw materials
$— $— 
Work-in-process95,125 67,633 
Finished goods
4,266 7,208 
Total inventory
$99,391 $74,841 
During the quarter, the Company recognized a write-down of $10.4 million for certain work-in-process inventory that may not meet quality specifications. There was no provision for excess inventory recorded as of June 30, 2026 or December 31, 2025.