v3.24.1.1.u2
Inventory
3 Months Ended
Mar. 31, 2024
Inventory  
Inventory

3. Inventory

Inventories are stated at the lower of average cost or net realizable value and consist of the following:

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March 31, 

    

December 31, 

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2024

​

2023

Raw materials

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$

1,303

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$

—

Work in process

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2,214

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—

Inventory

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$

3,517

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$

—

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Prelaunch Inventory

During the quarter ended March 31, 2024, we capitalized costs of $3.5 million associated with the manufacture of YUTREPIA as a result of our determination that regulatory approval and subsequent commercialization is probable and we also expect future economic benefit from the sales of the product to be realized.