Quarterly report pursuant to Section 13 or 15(d)

Inventory

v3.21.2
Inventory
6 Months Ended
Jun. 30, 2021
Inventory  
5. Inventory

5.

Inventory

 

 

 

The Company’s inventory consists of the following:

 

Inventory by Type

 

June 30,

2021

 

 

December 31,

2020

 

 

 

 

 

 

 

 

Plant inventory

 

 

-

 

 

 

463

 

Conversion facility inventory

 

 

7,922

 

 

 

7,351

 

 

 

 

7,922

 

 

 

7,814

 

 

 

 

 

 

 

 

 

 

Inventory by Duration

 

June 30,

2021

 

 

December 31,

2020

 

 

 

 

 

 

 

 

 

 

Non-current portion of inventory

 

 

7,922

 

 

 

7,814

 

 

 

 

7,922

 

 

 

7,814

 

 

 

Using lower of cost or net realizable value (“NRV”) calculations, the Company reduced the inventory valuation by $3,508 and $7,802 for the six months ended June 30, 2021 and the year ended December 31, 2020, respectively.