Supplemental Consolidated Balance Sheet and Cash Flow Information (Tables)

12 Months Ended

Dec. 31, 2023

Supplemental Consolidated Balance Sheet and Cash Flow Information [Abstract]

Schedule of prepaid expenses and other current assets

Prepaid expenses and other current assets consisted of the following:

(in thousands)	December 31, 2023		December 31, 2022
Prepaid insurance	$	3,502	$	3,796
Deferred mobilization costs		467		283
Prepaid and other current assets		790		657
	$	4,759	$	4,736

Schedule of accrued Liabilities

Accrued liabilities consisted of the following:

(in thousands)	December 31, 2023		December 31, 2022
Accrued salaries and other compensation	$	6,625	$	6,908
Insurance		2,996		3,002
Deferred mobilization revenues		578		1,003
Property and other taxes		2,124		3,621
Interest		25		101
Operating lease liability - current		934		751
Cash-settled SARs liability		2,054		1,826
Other		1,035		396
	$	16,371	$	17,608

Schedule of supplemental consolidated cash flow information

Supplemental consolidated cash flow information:

	Year Ended December 31,
(in thousands)	2023		2022
Supplemental disclosure of cash flow information
Cash paid during the year for interest	$	2,358	$	5,084
Cash paid during the year for taxes	$	804	$	—
Supplemental disclosure of non-cash investing and financing activities
Change in property, plant and equipment purchases in accounts payable	$	(8,093)	$	11,686
Additions to property, plant & equipment through finance leases	$	2,161	$	4,440
Extinguishment of finance lease obligations from sale of assets classified as finance leases	$	(513)	$	(281)
Transfer of assets from held and used to held for sale	$	—	$	(325)
Initial embedded derivative liability upon issuance of Convertible Notes	$	—	$	75,733
Extinguishment of embedded derivative liability	$	—	$	(69,232)
Shares issued for structuring fee	$	—	$	9,163