Annual report pursuant to Section 13 and 15(d)

Inventory

v3.22.4
Inventory
12 Months Ended
Dec. 31, 2022
Inventory  
Inventory

4. Inventory 

    

The Company’s inventory consists of the following: 

 

Inventory by Type

 

December 31,

2022

 

 

December 31,

2021

 

 

 

 

 

 

 

 

Conversion facility inventory

 

 

9,903

 

 

 

7,923

 

 

 

 

9,903

 

 

 

7,923

 

 

Inventory by Duration

 

December 31,

2022

 

 

December 31,

2021

 

 

 

 

 

 

 

 

Current portion of inventory

 

 

9,903

 

 

 

-

 

Non-current portion of inventory

 

 

-

 

 

 

7,923

 

 

 

 

9,903

 

 

 

7,923

 

 

Using lower of cost or net realizable value calculations, the Company reduced the inventory valuation by $6,861 in 2022 and $7,000 in 2021.