Quarterly report pursuant to Section 13 or 15(d)

Inventory

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Inventory
6 Months Ended
Jun. 30, 2024
Inventory  
Inventory

4. Inventory

 

The Company’s inventory consists of the following:

 

 Inventory by Type

 

June 30,

2024

 

 

December 31,

2023

 

 

 

 

 

 

 

 

In-process inventory

 

 

447

 

 

 

-

 

Plant inventory

 

 

1,072

 

 

 

1,343

 

Conversion facility inventory

 

 

3,555

 

 

 

1,228

 

 

 

 

5,074

 

 

 

2,571

 

Using lower of cost or net realizable value (“NRV”) calculations, the Company reduced the inventory valuation by $1,339 and $5,826 for the six months ended June 30, 2024 and 2023, respectively.