Crafting Recipe: Cotton Bandages
Crafting Ingredient: Orb of Distilled Power
During the crafting process, it prompts you to add it like you would an Attuning Dust or other Catalyst, but if you use it that way, the recipe won't complete because you no longer have it on your table.
I confirmed that the recipe will complete successfully and produce the item if you don't click the icon to add it during the crafting process. On the final finishing step, it will automatically be removed from your table (like a secondary crafting component on other combines).