Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

Accounting Policies [Abstract]

Composition of inventory

The composition of inventory is as follows (in thousands):

	December 31, 2022		December 31, 2021
Raw materials	$	12,043	$	245
Work in progress	10,868		90
Finished goods	11,043		6,689
Inventory Reserve	(5,708)		(865)
Total	$	28,246	$	6,159

Summary of inventory reserve

The following table summarizes the movement in the inventory reserve (in thousands):

	December 31, 2022		December 31, 2021
Balance at the beginning of the year	$	(865)	$	—
Increases	(4,843)		(865)
Decreases	—		—
Balance at the end of the year	$	(5,708)	$	(865)

As of December 31, 2022, the carrying amount of inventories serving as collateral for short-term borrowing agreements is $2.0 million. The borrowing agreement was not executed until 2022, and as such, no inventory serviced as collateral for short-term borrowing agreements as of December 31, 2021.