Quarterly report pursuant to Section 13 or 15(d)

Inventory

v3.21.1
Inventory
3 Months Ended
Mar. 31, 2021
Inventory  
4. Inventory

4.

Inventory

  

The Company’s inventory consists of the following:

 

Inventory by Type

 

March 31,

2021

 

 

December 31,

2020

 

 

 

 

 

 

 

 

Plant inventory

 

 

-

 

 

 

463

 

Conversion facility inventory

 

 

7,860

 

 

 

7,351

 

 

 

 

7,860

 

 

 

7,814

 

 

 

 

 

 

 

 

 

 

Inventory by Duration

 

March 31,

2021

 

 

December 31,

2020

 

 

 

 

 

 

 

 

 

 

Non-current portion of inventory

 

 

7,860

 

 

 

7,814

 

 

 

 

7,860

 

 

 

7,814

 

 

Using lower of cost or net realizable value (“NRV”) calculations, the Company reduced the inventory valuation by $1,673 and $2,282 for the three months ended March 31, 2021 and 2020, respectively.