Quarterly report [Sections 13 or 15(d)]

Inventory

v3.26.1
Inventory
6 Months Ended
Jun. 30, 2026
Inventory  
Inventory

4.

Inventory

The Company’s inventory consists of the following:

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Inventory by Type

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June 30, 2026

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December 31, 2025

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In-process inventory

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43

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201

Plant inventory

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373

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1,097

Conversion facility inventory

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22,191

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22,993

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22,607

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24,291

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Using lower of cost or net realizable value (“NRV”) calculations, the Company reduced the inventory valuation by $0.2 million and $2.6 million for the six months ended June 30, 2026, and 2025, respectively.