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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 664,457 $ 1,179,297
Short-term investments 599,666 0
Total cash, cash equivalents and short-term investments 1,264,123 1,179,297
Accounts receivable (including related party), net of allowance for credit losses of $0 and $0, respectively 32,748 51,009
Inventories 42,244 38,692
Income taxes receivable 4,271 0
Prepaid expenses and other current assets 5,486 7,809
Total current assets 1,348,872 1,276,807
Non-current assets    
Property, plant and equipment, net 749,848 610,612
Other non-current assets 2,519 2,247
Total non-current assets 752,367 612,859
Total assets 2,101,239 1,889,666
Current liabilities    
Accounts payable and accrued liabilities 62,097 35,734
Income taxes payable 0 3,463
Current installments of long-term debt—related party 0 16,082
Other current liabilities 4,050 4,264
Total current liabilities 66,147 59,543
Non-current liabilities    
Asset retirement obligations 18,162 17,615
Environmental obligations 16,589 16,598
Long-term debt, net of current portion 676,683 674,927
Deferred income taxes 146,606 104,500
Other non-current liabilities 6,315 7,751
Total non-current liabilities 864,355 821,391
Total liabilities 930,502 880,934
Commitments and contingencies
Stockholders’ equity:    
Preferred stock ($0.0001 par value, 50,000,000 shares authorized, none issued and outstanding in either period) 0 0
Common stock ($0.0001 par value, 450,000,000 shares authorized, 177,534,132 and 177,816,554 shares issued and outstanding, as of June 30, 2022, and December 31, 2021, respectively) 18 18
Additional paid-in capital 939,900 936,299
Retained earnings 231,235 72,415
Accumulated other comprehensive loss (416) 0
Total stockholders’ equity 1,170,737 1,008,732
Total liabilities and stockholders’ equity $ 2,101,239 $ 1,889,666