Inventories

6 Months Ended

Jun. 30, 2026

Inventories are comprised of the following:


	As of June 30, 2026		As of December 31, 2025
(in thousands)
Raw materials	$	20,683	$	25,650
Finished goods	117,113		117,185
Total inventories	137,796		142,835
Less: reserves	(26,530)		(29,309)
Total inventories, net	$	111,266	$	113,526
Inventories current	$	105,842	$	102,664
Inventories non-current (included in Other assets)	$	5,424	$	10,862

As of June 30, 2026 and December 31, 2025, the Company had $0.8 million and $0.0 million in finished goods that were undergoing rework prior to being in a sellable condition. The Company’s recorded inventory reserves as of June 30, 2026 consisted of $18.6 million related to finished goods inventory and $7.9 million related to raw materials components. Amounts charged to the reserve account are recorded primarily in cost of revenues.