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Condensed Consolidated Interim Statements of Financial Position - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 13,558 $ 11,989
Trade receivables 9,602 8,997
Inventories 15,546 15,918
Amounts due from joint ventures 10,238 15,418
Other receivables 201 342
Income tax receivable 231 713
Prepaid expenses and deposits 1,123 1,259
Total current assets 50,499 54,636
Non-current assets    
Property, plant and equipment 61,687 63,158
Investment in joint ventures 55,607 41,334
Notes receivable - joint ventures 10,946 10,865
Deferred tax asset 8,377 7,999
Right-of-use assets 4,889 3,582
Other assets 1,593 1,834
Total assets 193,598 183,408
Current liabilities    
Line of credit 4,000 2,000
Trade payables 9,019 12,653
Current maturities of long-term debt 3,391 3,423
Accrued liabilities 3,367 3,017
Operating lease liabilities - current 718 875
Finance lease liabilities - current 41 61
Total current liabilities 20,536 22,029
Non-current liabilities    
Long-term debt 28,158 28,966
Deferred tax liability 1,150 1,873
Operating lease liabilities - non-current 4,238 2,690
Finance lease liabilities - non-current 39 34
Other liabilities 1,103 1,357
Total liabilities 55,224 56,949
Commitments and contingencies (note 15)
SHAREHOLDERS' EQUITY    
Common stock, no par value per share - unlimited shares authorized; 56,250,419 shares issued and outstanding at March 31, 2020 and 52,656,669 shares issued and outstanding at December 31, 2019. 105,656 98,333
Additional paid in capital 4,880 4,351
Accumulated other comprehensive loss (602) (475)
Retained earnings 28,440 24,250
Total shareholders' equity 138,374 126,459
Total liabilities and shareholders' equity $ 193,598 $ 183,408