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Expenses (Tables) | 12 Months Ended
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Dec. 31, 2023
Analysis of income and expense [abstract] |
Schedule of expenses |
For the years ended December 31 | 2023 | 2022
Cost of sales | $ | 2,797,794 | $ | 3,238,312
Selling and distribution | 552,693 | 498,552
Administrative expenses | 109,415 | 81,657
Total expenses by function | $ | 3,459,902 | $ | 3,818,521
Cost of raw materials and purchased methanol | 2,329,856 | 2,789,921
Ocean freight and other logistics | 357,495 | 325,893
Employee expenses, including share-based compensation | 243,542 | 219,012
Other expenses | 137,179 | 111,275
Cost of sales and operating expenses | 3,068,072 | 3,446,101
Depreciation and amortization | 391,830 | 372,420
Total expenses by nature | $ | 3,459,902 | $ | 3,818,521

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