Annual report pursuant to Section 13 and 15(d)

Inventories

v3.22.0.1
Inventories
 12 Months Ended
Dec. 31, 2021
Inventory Disclosure [Abstract]  
Inventories
Note 5—Inventories
Inventories is comprised of the following items:
 
    
As of December 31,
  
    
2021
     
2020
  
           
(Revised)
  
Supplies
   
$
 6,188     
$
 5,010  
Raw materials
      5,641        7,047  
Work in process
      11,219        5,710  
Finished goods
      7,399        7,684  
    
 
 
     
 
 
  
Total
   
$
30,447
 
   
$
25,451
 
    
 
 
     
 
 
  
Inventories are written down for any obsolescence or when the net realizable value considering future events and conditions is less than the carrying value. For the year ended December 31, 2021, the Company recorded $0.4 million (December 31, 2020
–
 
$2.0 million), related to spoiled inventory in costs and expenses applicable to revenues on the consolidated statements of operations. Please refer to Note 2 for further discussion on the prior period revision.
For the year ended December 31, 2021, the Company recorded $1.9 million (December 31, 2020 - $Nil) in costs and expenses applicable to revenues on the consolidated statements of operations for inventory reserves. As of December 31, 2021 and 2020, the Company had inventory reserves of $1.9 million and $Nil, respe
cti
vely.