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PREPAID AND OTHER CURRENT ASSETS
12 Months Ended
Dec. 31, 2024
PREPAID AND OTHER CURRENT ASSETS  
PREPAID AND OTHER CURRENT ASSETS

3.   PREPAID AND OTHER CURRENT ASSETS

As of December 31, 2024 and 2023, the Company had the following components within “Prepaid and other current assets”.

December 31,

December 31,

(thousands of dollars)

    

2024

    

2023

Prepaid and other current assets:

Graphite flake inventory

$

460

$

Prepaid insurance

90

663

Other current assets

41

99

Total prepaid and other current assets

$

591

$

762

As of December 31, 2024, inventory represents raw material inventory that is under contract to be sold within the next twelve months and for product sample production within the next twelve months.  Refer to Note 4 for further details.