INVENTORY

9 Months Ended

Sep. 30, 2023

Inventory Disclosure [Abstract]

INVENTORY

8. INVENTORY

The following table summarizes the components of the Company’s inventory for each of the periods indicated:

	As of September 30, 2023		As of December 31, 2022
	(in thousands)
Raw materials	$	114,622	$	59,181
Work in progress		258,258		269,185
Finished goods		47,243		38,147
Total inventory	$	420,123	$	366,513

Non-current inventory consists of raw materials and work in progress that is anticipated to be consumed beyond the Company's normal operating cycle.

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

	As of September 30, 2023		As of December 31, 2022
	(in thousands)
Balance sheet classification
Inventory	$	244,011	$	203,968
Non-current inventory		176,112		162,545
Total inventory	$	420,123	$	366,513