INVENTORIES

6 Months Ended

Jun. 30, 2026

Inventories consists of the following (in thousands):


	June 30, 2026		December 31, 2025
Inventories, current:
Work-in-process	$	6,794	$	12,651
Finished goods	6,224		2,959
Inventories, current	$	13,018	$	15,610
Long-term inventories included in other long-term assets:
Raw materials	50		50
Work-in-process	50,706		57,290
Finished goods	2,516		1,789
Inventories, long-term	$	53,272	$	59,129
Total inventories	$	66,290	$	74,739

Inventory written down as a result of excess, obsolescence, scrap or other reasons charged to cost of product and other revenue in the unaudited condensed consolidated statements of operations and comprehensive income (loss) was $1.7 million and $4.9 million during the three and six months ended June 30, 2026, respectively, and immaterial and $0.1 million during the three and six months ended