|12 Months Ended|
Dec. 31, 2021
|Inventory Disclosure [Abstract]|
Inventories is comprised of the following items:
Inventories are written down for any obsolescence or when the net realizable value considering future events and conditions is less than the carrying value. For the year ended December 31, 2021, the Company recorded $0.4 million (December 31, 2020
–$2.0 million), related to spoiled inventory in costs and expenses applicable to revenues on the consolidated statements of operations. Please refer to Note 2 for further discussion on the prior period revision.
For the year ended December 31, 2021, the Company recorded $1.9 million (December 31, 2020 - $Nil) in costs and expenses applicable to revenues on the consolidated statements of operations for inventory reserves. As of December 31, 2021 and 2020, the Company had inventory reserves of $1.9 million and $Nil, respe
No definition available.
The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef