v3.26.1
Note 4 - Inventory
6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Inventory Disclosure [Text Block]

4. Inventory

 

Inventory includes costs related to the manufacture of TPOXX®. Inventory consisted of the following:

 

  

As of

 
  

June 30, 2026

  

December 31, 2025

 

Raw materials

 $1,362,369  $1,015,805 

Work in-process

  29,036,150   41,234,186 

Finished goods

  10,712,289   6,804,882 

Inventory

 $41,110,808  $49,054,873 

 

During the three and six months ended June 30, 2026, the Company recognized a recovery of approximately $0.7 million from a contract manufacturing organization associated with a previous loss of inventory. During the three months ended June 30, 2025, the Company wrote off approximately $0.9 million of inventory. In addition, during the six months ended June 30, 2025, the Company recognized a recovery of approximately $0.5 million from a contract manufacturing organization associated with a previous loss of inventory.