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SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

SCHEDULE OF COMPANY REPORTABLE SEGMENTS

Financial information relating to the Company’s reportable segments is as follows:

SCHEDULE OF COMPANY REPORTABLE SEGMENTS 

		2024				2023				2022
		December 31,
		2024				2023				2022
		(in thousands)
Sales to external customers:
Soft Wheat		$	215,090			$	218,761			$	213,775
Durum Wheat			27,418				48,233				38,607
Couscous & Pasta			27,021				31,410				27,159
All other			4,694				3,550				4,391
Total		$	274,223			$	301,954			$	283,932
Sales to external customers, Total		$	274,223			$	301,954			$	283,932
Cost of sales (1)
Soft Wheat(1)		$	(194,492	)		$	(194,453	)		$	(183,868	)
Durum Wheat(1)			(29,150	)			(47,465	)			(38,971	)
Couscous & Pasta(1)			(19,397	)			(28,649	)			(28,820	)
All other(1)			(3,852	)			(2,850	)			(3,065	)
Total(1)		$	(246,891	)		$	(273,417	)		$	(254,724	)
Cost of sales, Total (1)		$	(246,891	)		$	(273,417	)		$	(254,724	)
Gross profit
Soft Wheat		$	20,598			$	24,308			$	29,907
Durum Wheat			(1,732	)			768				(364	)
Couscous & Pasta			7,624				2,761				(1,661	)
All other			842				700				1,326
Total		$	27,332			$	28,537			$	29,208
Gross profit, Total		$	27,332			$	28,537			$	29,208
Selling, general, and administrative expenses (2)
Soft Wheat(2)		$	(21,806	)		$	(22,020	)		$	(20,950	)
Durum Wheat(2)			(264	)			(332	)			(447	)
Couscous & Pasta(2)			(9,236	)			(1,095	)			(263	)
All other(2)			(3,787	)			(3,848	)			(5,273	)
Total(2)		$	(35,093	)		$	(27,295	)		$	(26,933	)
Selling, general, and administrative expenses, Total(2)		$	(35,093	)		$	(27,295	)		$	(26,933	)
Operating income (loss)
Soft Wheat		$	(1,208	)		$	2,288			$	8,957
Durum Wheat			(1,996	)			436				(811	)
Couscous & Pasta			(1,612	)			1,666				(1,924	)
All other			(2,945	)			(3,148	)			(3,947	)
Total		$	(7,761	)		$	1,242			$	2,275
Operating income (loss), Total		$	(7,761	)		$	1,242			$	2,275

	(1)	Primarily includes purchases of inventory, packaging, and other sales costs.
	(2)	Primarily includes payroll costs, transportation fees, professional fees, and other selling, general, and
		administrative costs.

SCHEDULE OF LONG-LIVED ASSETS NET PROPERTY, PLANT AND EQUIPMENT

Long-lived assets consist of net property, plant, and equipment. The geographic location of long-lived assets is as follows:

SCHEDULE OF LONG-LIVED ASSETS NET PROPERTY, PLANT AND EQUIPMENT 

		December 31,
		2024				2023
		(in thousands)
Morocco		$	82,391			$	86,485
Burkina			8,269				8,913
Mali			6,508				6,991
Angola			4,016				4,396
Other			461				471
Total		$	101,645			$	107,256

X

- Definition

Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

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X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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