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REVENUE AND COST OF SALES | 12 Months Ended
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Dec. 31, 2022
REVENUE AND COST OF SALES |
Revenue And Cost Of Sales | 17. REVENUE AND COST OF SALES The Company’s revenues for the year ended December 31, 2022 and 2021, are all attributable to Mexico, from shipments of concentrate from the Avino Mine, and processing of Historical Above Ground Stockpiles.
|  | 2022 |  |  | 2021 |
Concentrate sales |  | $ | 43,648 |  |  | $ | 11,208 |
Provisional pricing adjustments |  |  | 539 |  |  |  | 20 |
|  | $ | 44,187 |  |  | $ | 11,228 |
Cost of sales consists of changes in inventories, direct costs including personnel costs, mine site costs, energy costs (principally diesel fuel and electricity), maintenance and repair costs, operating supplies, external services, third party transport fees, depreciation and depletion, and other expenses for the periods. Direct costs include the costs of extracting co-products. Stand-by costs consist of care and maintenance costs incurred during the work stoppages at the Avino Mine during the year ended December 31, 2021. Cost of sales is based on the weighted average cost of inventory sold for the periods and consists of the following:
|  | 2022 |  |  | 2021 |
Production costs |  | $ | 26,749 |  |  | $ | 4,905 |
Stand-by costs |  |  | - |  |  |  | 800 |
Write down of equipment |  |  | 330 |  |  |  | - |
Depreciation and depletion |  |  | 2,046 |  |  |  | 1,976 |
|  | $ | 29,125 |  |  | $ | 7,681 |

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