Note 6 - Inventory

9 Months Ended

Sep. 30, 2025

Notes to Financial Statements

Inventory Disclosure [Text Block]

(6) Inventory

Inventory, as of the dates indicated, consisted of the following:

	September 30,		December 31
	2025		2024
	(in thousands)
HOBM	$	19,302	$	28,364
Naphtha		12,117		2,814
Jet fuel		1,044		3,403
Crude oil and condensate		811		754
Chemicals		236		154
AGO		346		157
Propane		25		13
LPG mix		18		3
	$	33,899	$	35,662

We incurred an inventory impairment expense of $4.2 million and $1.9 million for the three months ended  September 30, 2025 and 2024, and $6.6 and $7.9 million for the nine months ended September 30, 2025 and 2024.