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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 18,813 $ 5,206
Accounts receivable, net 9,316 35,834
Inventories 1,162 2,325
Assets held for sale 1,700 8,740
Prepaid expenses and other current assets 3,725 4,640
Total current assets 34,716 56,745
Property, plant and equipment, net 418,557 457,530
Other long-term assets, net 2,444 2,726
Total assets 455,717 517,001
Liabilities    
Current portion of long-term debt 3,141 3,685
Accounts payable 3,595 22,674
Accrued liabilities 10,438 16,368
Merger consideration payable to an affiliate 0 3,022
Current portion of contingent consideration 0 2,814
Total current liabilities 17,174 48,563
Long-term debt 143,440 134,941
Merger consideration payable to an affiliate 2,902 0
Deferred income taxes, net 568 652
Other long-term liabilities 1,912 1,249
Total liabilities 165,996 185,405
Commitments and contingencies (Note 13)
Stockholders’ equity    
Common stock, $0.01 par value, 50,000,000 shares authorized; 6,245,298 and 3,876,196 shares issued, respectively, and 6,166,720 and 3,812,050 shares outstanding, respectively 62 38
Additional paid-in capital 517,540 505,831
Accumulated deficit (223,968) (170,426)
Treasury stock, at cost, 78,589 shares and 64,146 shares, respectively (3,913) (3,847)
Total stockholders’ equity 289,721 331,596
Total liabilities and stockholders’ equity $ 455,717 $ 517,001