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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 88,862 $ 111,918
Accounts receivable - net of allowance for credit losses of $419 and $217, respectively 215,925 128,148
Inventories 5,034 3,949
Prepaid expenses 8,643 6,752
Short-term investment, net 10,283 0
Other current assets 38 297
Total current assets 328,785 251,064
PROPERTY AND EQUIPMENT - Net of accumulated depreciation 922,735 808,494
Operating lease right-of-use asset 3,147 409
OTHER NONCURRENT ASSETS:    
Goodwill 23,624 0
Intangible assets - net of amortization 56,345 0
Other noncurrent assets 1,150 1,269
Total other noncurrent assets 81,119 1,269
TOTAL ASSETS 1,335,786 1,061,236
CURRENT LIABILITIES:    
Accounts payable 234,299 152,649
Accrued and other current liabilities 49,027 20,767
Operating lease liabilities 854 369
Total current liabilities 284,180 173,785
DEFERRED INCOME TAXES 65,265 61,052
LONG-TERM DEBT 30,000 0
NONCURRENT OPERATING LEASE LIABILITIES 2,308 97
Total liabilities 381,753 234,934
COMMITMENTS AND CONTINGENCIES (Note 17)
SHAREHOLDERS’ EQUITY:    
Preferred stock, $0.001 par value, 30,000,000 shares authorized, none issued, respectively 0 0
Common stock, $0.001 par value, 200,000,000 shares authorized, 114,515,008 and 103,437,177 shares issued, respectively 114 103
Additional paid-in capital 970,519 844,829
Accumulated deficit (16,600) (18,630)
Total shareholders’ equity 954,033 826,302
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,335,786 $ 1,061,236