KELSO TECHNOLOGIES INC | CIK:0001161814 | 3

  • Filed: 5/1/2018
  • Entity registrant name: KELSO TECHNOLOGIES INC (CIK: 0001161814)
  • Generator: Compliance Xpressware
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1161814/000106299318001853/0001062993-18-001853-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1161814/000106299318001853/kls-20171231.xml
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  • ifrs-full:DisclosureOfInventoriesExplanatory

    6.

    INVENTORY


          December 31, 2017     December 31, 2016  
      Finished goods $ 256,185   $ 218,128  
      Raw materials and supplies   3,724,058     4,988,001  
        $ 3,980,243   $ 5,206,129  

    Included in cost of goods sold is $3,376,123 (2016 - $4,642,761 ; 2015 - $10,595,521) of direct material costs recognized as expense.

    Inventory write-off during the year was $668,383 (2016 - $nil ; 2015 - $nil) of which $470,654 ( 2016 - $nil ; 2015 - $nil) is included in cost of goods sold and $197,729 (2016 - $nil ; 2015 - $nil) is included in general and administrative expenses.