Business Organization and Nature of Operations (Tables)

3 Months Ended

Mar. 31, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule Of Liquidity

We measure our liquidity in a number of ways, including the following:

	As of
	March 31, 2024	December 31, 2023
	$’000	$’000
Cash	1,214	1,354
Accounts Receivable, net	23,095	52,920
Inventory	2,383	2,561
Other current assets(1)	58,584	56,016
Assets held for sale(5)	6,950	—
Total current assets	92,226	112,851
Accounts payable and accrued expenses	23,342	50,167
Notes payable, net	3,640	6,531
Other current liabilities(2)	48,276	47,884
Liabilities held for sale(6)	3,752	—
Total current liabilities	79,010	104,582
Working capital(3)	13,216	8,269
Current ratio(4)	1.17	1.08

(1) Consists of Prepaid expenses and other current assets, Prepaid forward on carbon offsets, Forward sales derivatives and Notes receivable, current

(2) Consists of Operating lease liability, current, Deferred revenue, current and Other current liabilities

(3) Working Capital is defined as Total current assets less Total current liabilities

(4) Current ratio is defined as Total current assets divided by Total current liabilities

(5) See Note 3 for additional information

(6) See Note 3 for additional information