Annual report pursuant to Section 13 and 15(d)

Inventories

v3.23.1
Inventories
 12 Months Ended
Dec. 31, 2022
Inventory Disclosure [Abstract]  
Inventories
Note 6 – Inventories
Inventories is comprised of the following items:
 
 
  
As of December 31,
 
 
  
2022
 
  
2021
 
 
  
 
 
  
(Revised)
 
Supplies
   
$
 7,018
 
  
$
 6,188  
Raw materials
      8,903        5,856  
Work in process
      5,807        9,249  
Finished goods
      8,072        7,399  
    
 
 
     
 
 
  
Total
   
$
 29,800
 
  
$
 28,692
 
    
 
 
     
 
 
  
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, 2022, the Company recorded $
0.4
 
million (December 31, 2021 – $
0.4
 
million), related to spoiled inventory in costs and expenses applicable to revenues on the consolidated statements of operations. Please refer to Note 2(w) for further discussion on the prior period revision.
For the year ended December 31, 2022, the Company recorded $
Nil
 (December 31, 2021—$
1.9
 million) in costs and expenses applicable to revenues on the consolidated statements of operations for inventory reserves.