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Condensed Consolidated Interim Statements of Financial Position - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 9,568 $ 11,989
Trade receivables 13,912 8,997
Inventories 13,123 15,918
Amounts due from joint ventures 10,661 15,418
Other receivables 589 342
Income tax receivable 841 713
Prepaid expenses and deposits 1,136 1,259
Total current assets 49,830 54,636
Non-current assets    
Property, plant and equipment 60,498 63,158
Investment in joint ventures 61,721 41,334
Notes receivable - joint ventures 10,841 10,865
Deferred tax asset 8,885 7,999
Right-of-use assets 4,387 3,582
Other assets 1,779 1,834
Total assets 197,941 183,408
Current liabilities    
Line of credit 4,000 2,000
Trade payables 9,849 12,653
Current maturities of long-term debt 2,377 3,423
Accrued liabilities 7,037 3,017
Operating lease liabilities - current 1,741 875
Finance lease liabilities - current 40 61
Total current liabilities 25,044 22,029
Non-current liabilities    
Long-term debt 28,354 28,966
Deferred tax liability 1,728 1,873
Operating lease liabilities - non-current 2,746 2,690
Finance lease liabilities - non-current 16 34
Other liabilities 1,322 1,357
Total liabilities 59,210 56,949
Commitments and contingencies (note 15)
SHAREHOLDERS' EQUITY    
Common stock, no par value per share – unlimited shares authorized; 56,402,418 shares issued and outstanding at June 30, 2020 and 52,656,669 shares issued and outstanding at December 31, 2019. 105,829 98,333
Additional paid in capital 5,128 4,351
Accumulated other comprehensive loss (547) (475)
Retained earnings 28,321 24,250
Total shareholders' equity 138,731 126,459
Total liabilities and shareholders' equity $ 197,941 $ 183,408