| Mar'20 | Dec'19 | Dec'18 | ||||
|---|---|---|---|---|---|---|
ASSETS | ||||||
Current assets | ||||||
Cash and cash equivalents | ||||||
13,558 | 11,989 | 11,920 | ||||
Trade receivables | ||||||
9,602 | 8,997 | 11,292 | ||||
Inventories | ||||||
15,546 | 15,918 | 24,956 | ||||
Amounts due from joint ventures | ||||||
10,238 | 15,418 | 10,873 | ||||
Other receivables | ||||||
201 | 342 | 332 | ||||
Income tax receivable | ||||||
231 | 713 | - | ||||
Prepaid expenses and deposits | ||||||
1,123 | 1,259 | 889 | ||||
Total current assets | ||||||
50,499 | 54,636 | 60,262 | ||||
Non-current assets | ||||||
Property, plant and equipment | ||||||
61,687 | 63,158 | 72,188 | ||||
Finance right-of-use assets (note 8) | ||||||
- | - | 176 | ||||
Investment in joint ventures | ||||||
55,607 | 41,334 | 6,341 | ||||
Notes receivable - joint ventures | ||||||
10,946 | 10,865 | - | ||||
Deferred tax asset | ||||||
8,377 | 7,999 | 274 | ||||
Right-of-use assets | ||||||
4,889 | 3,582 | - | ||||
Other assets | ||||||
1,593 | 1,834 | 2,207 | ||||
Total assets | ||||||
193,598 | 183,408 | 141,448 | ||||
LIABILITIES | ||||||
Current liabilities | ||||||
Line of credit | ||||||
4,000 | 2,000 | 2,000 | ||||
Trade payables | ||||||
9,019 | 12,653 | 14,601 | ||||
Current maturities of long-term debt | ||||||
3,391 | 3,423 | 3,414 | ||||
Accrued liabilities | ||||||
3,367 | 3,017 | 3,509 | ||||
Operating lease liabilities - current | ||||||
718 | 875 | - | ||||
Finance lease liabilities - current | ||||||
41 | 61 | 78 | ||||
Total current liabilities | ||||||
20,536 | 22,029 | 23,602 | ||||
Non-current liabilities | ||||||
Long-term debt | ||||||
28,158 | 28,966 | 32,261 | ||||
Deferred tax liability | ||||||
1,150 | 1,873 | - | ||||
Operating lease liabilities - non-current | ||||||
4,238 | 2,690 | - | ||||
Finance lease liabilities - non-current | ||||||
39 | 34 | 102 | ||||
Other liabilities | ||||||
1,103 | 1,357 | 1,050 | ||||
Total liabilities | ||||||
55,224 | 56,949 | 57,015 | ||||
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 | 60,872 | ||||
Additional paid in capital | ||||||
4,880 | 4,351 | 2,198 | ||||
Accumulated other comprehensive loss | ||||||
-602 | -475 | -562 | ||||
Retained earnings | ||||||
28,440 | 24,250 | 21,925 | ||||
Total shareholders' equity | ||||||
138,374 | 126,459 | 84,433 | ||||
Total liabilities and shareholders' equity | ||||||
193,598 | 183,408 | 141,448 | ||||