Flex Labs (AQSE:FLEX) Inventories, Work In Process : £0.00 Mil (As of . 20)

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What is Flex Labs Inventories, Work In Process?

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Flex Labs's work in process for the quarter that ended in . 20 was £0.00 Mil.

Flex Labs Inventories, Work In Process Historical Data

The historical data trend for Flex Labs's Inventories, Work In Process can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
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Flex Labs Inventories, Work In Process Chart

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Flex Labs Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

Flex Labs Business Description

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Address

401 West Georgia Street, Suite 700, Vancouver, BC, CAN, V6B 5A1

Website

https://www.flexlabs.ai

Flex Labs Inc is a company that operates a software business engaged in the development of advanced artificial intelligence middleware products, intending to offer these to business customers through a software as a service model. The Company's main product is Flex Elements, a series of software tools, libraries, and platforms that provide intermediate services and functionalities to simplify the development, deployment, and operation of AI applications. The Flex Elements product abstracts the intricacies of AI processes, enabling smoother integration into existing software applications or systems.