XML 16 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 40,500 $ 25,552
Prepaid expenses and other current assets 1,001 835
Total current assets 41,501 26,387
Property, plant and equipment, net 177,420 173,816
Operating lease right-of-use assets, net 1,257 590
Other non-current assets, net 24,566 21,312
Total assets 244,744 222,105
Current liabilities    
Accounts payable 1,456 281
Share-based compensation liability 182 182
Accrued liabilities and other current liabilities 5,315 5,791
Current common stock warrant liabilities 0 1,376
Current operating lease liabilities 963 596
Total current liabilities 7,916 8,226
Non-current common stock warrant liabilities 5,461 2,587
Non-current operating lease liabilities 364 0
Other non-current liabilities 23,000 23,000
Total liabilities 36,741 33,813
Commitments and contingencies (Note 13)
Stockholders’ equity    
Common stock, $0.0001 par value Authorized: 480.0 million shares at June 30, 2022 and December 31, 2021; Issued and outstanding: 127.3 million shares and 120.8 million shares at June 30, 2022 and December 31, 2021, respectively 13 12
Treasury stock: 742,263 shares and 346,126 shares at June 30, 2022 and December 31, 2021, respectively, at cost (3,067) (1,315)
Preferred stock, $0.0001 par value Authorized: 0.5 million, after designation of the Convertible Preferred Stock Issued and outstanding: none at June 30, 2022 and December 31, 2021 0 0
Additional paid-in-capital 213,749 191,264
Accumulated deficit (192,418) (170,069)
Total stockholders’ equity 18,277 19,892
Total liabilities, convertible preferred stock and stockholders’ equity 244,744 222,105
Series A Convertible Preferred Stock [Member]    
Current liabilities    
Convertible Preferred Stock 68,259 63,791
Series B Convertible Preferred Stock [Member]    
Current liabilities    
Convertible Preferred Stock 68,863 64,602
Series C Convertible Preferred Stock [Member]    
Current liabilities    
Convertible Preferred Stock $ 52,604 $ 40,007