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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 109,223 $ 25,552
Prepaid expenses and other current assets 1,309 835
Total current assets 110,532 26,387
Property, plant and equipment, net 182,818 173,816
Operating lease right-of-use assets, net 1,065 590
Other non-current assets, net 26,301 21,312
Total assets 320,716 222,105
Current liabilities    
Accounts payable 4,887 281
Share-based compensation liability 182 182
Accrued liabilities and other current liabilities 10,988 5,791
Current common stock warrant liabilities 0 1,376
Current operating lease liabilities 968 596
Total current liabilities 17,025 8,226
Non-current common stock warrant liabilities 8,234 2,587
Non-current operating lease liabilities 143 0
Other non-current liabilities 23,000 23,000
Total liabilities 48,402 33,813
Commitments and contingencies (Note 13)
Stockholders’ equity    
Common stock, $0.0001 par value Authorized: 480.0 million shares at September 30, 2022 and December 31, 2021; Issued and outstanding: 143.2 million shares and 120.8 million shares at September 30, 2022 and December 31, 2021, respectively 14 12
Treasury stock: 889,713 shares and 346,126 shares at September 30, 2022 and December 31, 2021, respectively, at cost (4,127) (1,315)
Preferred stock, $0.0001 par value Authorized: 0.5 million, after designation of the Convertible Preferred Stock Issued and outstanding: none at September 30, 2022 and December 31, 2021 0 0
Additional paid-in-capital 291,684 191,264
Accumulated deficit (211,215) (170,069)
Total stockholders’ equity 76,356 19,892
Total liabilities, convertible preferred stock and stockholders’ equity 320,716 222,105
Series A Convertible Preferred Stock [Member]    
Current liabilities    
Convertible Preferred Stock 70,594 63,791
Series B Convertible Preferred Stock [Member]    
Current liabilities    
Convertible Preferred Stock 71,091 64,602
Series C Convertible Preferred Stock [Member]    
Current liabilities    
Convertible Preferred Stock $ 54,273 $ 40,007