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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 58,279 $ 15,736
Investment securities 62,207
Prepaid expenses and other current assets 1,079 859
Total current assets 59,358 78,802
Property, plant and equipment, net 146,012 134,591
Operating lease right-of-use assets, net 730 1,054
Other non-current assets, net 12,677 6,748
Total assets 218,777 221,195
Current liabilities    
Accounts payable 3,873 11,912
Share-based compensation liability 182 182
Accrued liabilities and other current liabilities 8,749 8,751
Current operating lease liabilities 430 698
Total current liabilities 13,234 21,543
Non-current Common Stock Warrant liabilities 3,696 12,034
Non-current operating lease liabilities 3
Other non-current liabilities 15,000
Total liabilities 31,930 33,580
Commitments and contingencies (Note 13)
Stockholders’ equity    
Common stock, $0.0001 par value Authorized: 480.0 million shares at March 31, 2020 and December 31, 2019 Issued and outstanding: 117.4 million shares and 117.3 million shares at March 31, 2020 and December 31, 2019, respectively 12 12
Treasury stock: 149,167 shares and 137,860 shares at March 31, 2020 and December 31, 2019, respectively, at cost (742) (685)
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 March 31, 2020 and December 31, 2019
Additional paid-in-capital 218,972 224,091
Accumulated deficit (132,799) (133,701)
Total stockholders’ equity 85,443 89,717
Total liabilities, Series A and Series B Convertible Preferred Stock and stockholders’ equity 218,777 221,195
Series A Convertible Preferred Stock [Member]    
Current liabilities    
Convertible Preferred Stock 49,917 48,084
Series B Convertible Preferred Stock [Member]    
Current liabilities    
Convertible Preferred Stock $ 51,487 $ 49,814