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Inventory
6 Months Ended
Jun. 30, 2018
Inventory  
Inventory

5.  Inventory

 

Components of inventory, net of reserves as of June 30, 2018 and December 31, 2017 are as follows:

 

 

 

 

 

 

 

 

 

 

    

June 30, 

    

December 31, 

 

 

 

2018

 

2017

 

Raw Materials

 

$

4,356,766

 

$

10,604,232

 

Work in Process

 

 

219,553

 

 

212,505

 

Finished Goods

 

 

1,809,322

 

 

2,807,399

 

Total

 

$

6,385,641

 

$

13,624,136

 

 

As of June 30, 2018, we classified $1,865,834 of inventory as non-current all of which was related to Triferic or the active pharmaceutical ingredient for Triferic. As of June 30, 2018, we had total Triferic finished goods inventory aggregating $11,916,193 against which we had reserved $9,382,958.