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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 39,290 $ 22,608
Prepaid expenses and other current assets 818 670
Total current assets 40,108 23,278
Property, plant and equipment, net 164,205 161,662
Operating lease right-of-use assets, net 290 429
Other non-current assets, net 17,478 16,299
Total assets 222,081 201,668
Current liabilities    
Accounts payable 224 207
Share-based compensation liability 182 182
Accrued liabilities and other current liabilities 2,147 1,032
Current common stock warrant liabilities 4,520 3,290
Current operating lease liabilities 274 432
Total current liabilities 7,347 5,143
Non-current common stock warrant liabilities 2,499 874
Other non-current liabilities 23,000 22,916
Total liabilities 32,846 28,933
Commitments and contingencies (Note 12)
Stockholders’ equity    
Common stock, $0.0001 par value Authorized: 480.0 million shares at March 31, 2021 and December 31, 2020 Issued and outstanding: 118.3 million shares and 117.8 million shares at March 31, 2021 and December 31, 2020, respectively 12 12
Treasury stock: 269,354 shares and 249,742 shares at March 31, 2021 and December 31, 2020, respectively, at cost (1,075) (1,031)
Preferred stock, $0.0001 par value Authorized: 0.8 million, after designation of the Series A, Series B and Series C Convertible Preferred Stock Issued and outstanding: none at March 31, 2021 and December 31, 2020 0 0
Additional paid-in-capital 202,176 209,481
Accumulated deficit (151,688) (148,030)
Total stockholders’ equity 49,425 60,432
Total liabilities, convertible preferred stock and stockholders’ equity 222,081 201,668
Series A Convertible Preferred Stock [Member]    
Current liabilities    
Convertible Preferred Stock 57,516 55,522
Series B Convertible Preferred Stock [Member]    
Current liabilities    
Convertible Preferred Stock 58,665 56,781
Series C Convertible Preferred Stock [Member]    
Current liabilities    
Convertible Preferred Stock $ 23,629 $ 0