Inventory

12 Months Ended

Dec. 31, 2022

Inventory Disclosure [Abstract]

Inventory

Note 7. Inventory

Inventory consists of the following:

	December 31, 2022
Raw materials	$	2,473,058
Work in process		13,964,402
Finished goods		1,590,350
Total	$	18,027,810

As of December 31, 2022, inventories included $1.0 million related to the purchase accounting inventory fair value step-up on inventory acquired in the Sunosi Acquisition for the U.S. Territory.

There were no material inventory reserves as of December 31, 2022. Non-current inventory, which consists of raw materials and work in progress inventory, is included in non-current inventory and other assets in the Company's consolidated balance sheets. Non-current inventory is anticipated to be consumed beyond our normal operating cycle.

The following table summarizes the balance sheet classification of the Company's inventory for each of the periods indicated:

	December 31, 2022
Balance sheet classification
Inventories, net	$	4,319,921
Non-current inventory and other assets		13,707,889
Total	$	18,027,810