Annual report pursuant to Section 13 and 15(d)

Inventory

v3.22.1
Inventory
12 Months Ended
Dec. 31, 2021
Inventory  
Inventory

4. Inventory

Inventory consisted of the following:

December 31, 

    

December 31, 

($ in thousands)

2021

2020

Raw materials

$

5,572

$

Finished goods

 

4,290

 

1,404

Total inventories

$

9,862

$

1,404

The acquired Qbrezxa finished goods inventory includes a fair value step-up of $6.5 million, which was fully expensed within cost of sales for the year ended December 31, 2021 as the inventory was sold to customers. For additional information on Journey’s acquisition of Qbrexza, please refer to Note 9.