v3.26.1
Inventories
6 Months Ended
Jun. 30, 2026
Inventory Disclosure [Abstract]  
Inventories

5. Inventories

Inventories as of June 30, 2026 and December 31, 2025 consisted of the following:

(in thousands)

 

June 30, 2026

 

 

December 31, 2025

 

Raw materials

 

$

95,233

 

 

$

15,398

 

Work in process

 

 

45,763

 

 

 

18,026

 

Finished goods

 

 

70,393

 

 

 

20,572

 

Total inventories

 

$

211,388

 

 

$

53,996

 

Adjustments to the allowance for obsolete inventory, as recorded to cost of sales, amounted to an increase of $0.4 million and increase of $0.1 million for the three months ended June 30, 2026 and 2025, respectively, and an increase of $1.5 million and increase of $0.2 million for the six months ended June 30, 2026 and 2025, respectively.