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Expenses (Tables) | 12 Months Ended
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Dec. 31, 2020
Analysis of income and expense [abstract] |
Schedule of expenses |
For the years ended December 31 | 2020 | 2019
Cost of sales | $ | 2,107,533 | $ | 2,570,840
Selling and distribution | 498,126 | 498,738
Administrative expenses | 106,593 | 74,486
Total expenses by function | $ | 2,712,252 | $ | 3,144,064
Cost of raw materials and purchased methanol | 1,705,387 | 2,169,027
Ocean freight and other logistics | 328,635 | 334,650
Employee expenses, including share-based compensation | 246,779 | 184,171
Other expenses | 74,322 | 112,089
Cost of sales and operating expenses | 2,355,123 | 2,799,937
Depreciation and amortization | 357,129 | 344,127
Total expenses by nature | $ | 2,712,252 | $ | 3,144,064

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