XML 48 R34.htm IDEA: XBRL DOCUMENT v3.24.1
Inventory (Tables)
12 Months Ended
Dec. 31, 2023
Inventory Disclosure [Abstract]  
Schedule components of inventory
Components of inventory, net of reserves as of December 31, 2023 and 2022 are as follows (table in thousands):
December 31,
2023
December 31,
2022
Inventory - Current Portion
Raw Materials$2,250 $3,351 
Work in Process351 351 
Finished Goods3,270 2,112 
Total Current Inventory5,871 5,814 
Inventory - Long Term(1)
178 1,276 
Total Inventory$6,049 $7,090 
__________
1.Represents inventory related to Triferic raw materials. This Triferic inventory is expected to be utilized for the Company's international partnerships. In September 2022, the Company discontinued its New Drug Applications ("NDAs") for Triferic (dialysate) and Triferic AVNU in the United States. In 2023, the Company reserved $1.1 million of long-term inventory as a result of the termination of the Wanbang development effort.