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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 3,841 $ 3,169
Investment securities 40,374 72,453
Prepaid expenses and other current assets 1,288 1,310
Total current assets 45,503 76,932
Property, plant and equipment, net 119,918 92,070
Operating lease right-of-use assets, net 1,336
Other non-current assets 3,071
Total assets 169,828 169,002
Current liabilities    
Accounts payable 1,400 719
Share-based compensation liability 182 3,018
Accrued liabilities and other current liabilities 19,911 8,353
Current operating lease liabilities 1,512
Total current liabilities 23,005 12,090
Non-current common stock warrant liabilities 10,343 7,441
Non-current operating lease liabilities 10
Total liabilities 33,358 19,531
Commitments and contingencies (Note 12)
Stockholders’ equity    
Common stock, $0.0001 par value Authorized: 480.0 million shares at September 30, 2019 and December 31, 2018, Issued and outstanding: 107.2 million shares and 106.9 million shares at September 30, 2019 and December 31, 2018, respectively 11 11
Treasury stock: 137,860 shares and 6,425 shares at September 30, 2019 and December 31, 2018, respectively, at cost (685) (35)
Preferred stock, $0.0001 par value Authorized: 0.9 million, after designation of the Series A and Series B Convertible Preferred Stock, Issued and outstanding: none at September 30, 2019 and December 31, 2018, respectively
Additional paid-in-capital 162,590 180,862
Accumulated deficit (119,820) (97,617)
Total stockholders’ equity 42,096 83,221
Total liabilities, Series A and Series B Convertible Preferred Stock and stockholders’ equity 169,828 169,002
Series A Convertible Preferred Stock [Member]    
Current liabilities    
Convertible Preferred Stock 46,186 40,091
Series B Convertible Preferred Stock [Member]    
Current liabilities    
Convertible Preferred Stock $ 48,188 $ 26,159