v3.26.3
Inventories
9 Months Ended
Sep. 30, 2026
Inventory Disclosure [Abstract]  
Inventories

5. Inventories

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

(in thousands)

 

September 30, 2026

 

 

December 31, 2025

 

Raw materials

 

$

99,764

 

 

$

15,398

 

Work in process

 

 

33,620

 

 

 

18,026

 

Finished goods

 

 

49,503

 

 

 

20,572

 

Total inventories

 

$

182,887

 

 

$

53,996

 

Adjustments to the allowance for obsolete inventory, as recorded to cost of sales, amounted to a decrease of $0.2 million and a decrease of $0.3 million for the three months ended September 30, 2026 and 2025, respectively, and an increase of $1.3 million and a decrease of $0.1 million for the nine months ended September 30, 2026 and 2025, respectively.