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PREPAID AND OTHER CURRENT ASSETS

6 Months Ended

Jun. 30, 2025

PREPAID AND OTHER CURRENT ASSETS

PREPAID AND OTHER CURRENT ASSETS

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3. PREPAID AND OTHER CURRENT ASSETS

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As of June 30, 2025 and December 31, 2024, the Company had the following components within the “Prepaid and other current assets” line item on the Condensed Consolidated Balance Sheets.

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​	​	​	​	​	​	​
​	​	June 30,		​	December 31,
(thousands of dollars)		2025			2024
Prepaid and other current assets:	​	​	​	​	​	​
Prepaid insurance	​	$	307	​	$	90
Graphite flake inventory	​	​	206	​	​	460
Other current assets	​	​	107	​	​	41
Total prepaid and other current assets	​	$	620	​	$	591

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As of June 30, 2025, 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 Inventory for further details.

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The entire disclosure for prepaid expenses and other current assets.

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