v3.26.1
Inventories
12 Months Ended
Dec. 31, 2025
Inventory Disclosure [Abstract]  
Inventories

7. Inventories

 

 

 

 

December 31,

 

 

 

 

2025

 

 

2024

 

 

Raw materials

 

$

25,843

 

 

$

31,589

 

 

Work in progress

 

 

38,877

 

 

 

37,054

 

 

Finished goods

 

 

29,589

 

 

 

28,277

 

 

Total inventories

 

$

94,309

 

 

$

96,920

 

 

 

As of December 31, 2025, inventories amounting to $3,080 that are not expected to be consumed within the Company's normal operating cycle are classified as other non-current assets (2024 - $ 3,799).

 

Inventory provisions, which arise from excess, obsolescence, expiry, or other factors, are recognized as a component of cost of sales within the Company's consolidated statements of operations. For the year ended December 31, 2025, the inventory provision was $30,595 (2024 – $37,112, 2023 – $49,792).