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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
OPERATING ACTIVITIES          
Net income (loss) $ (5,000) $ 7,065 $ (4,726) $ 22,258  
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:          
Depreciation and amortization     2,114 2,094  
Accretion of asset retirement obligations 0 0 0 59 $ 59
Deferred income tax     (1,244) 0  
Amortization of debt issue costs     152 153  
Deferred revenues and expenses     0 (305)  
Impairment of fixed assets     0 324  
Changes in operating assets and liabilities          
Accounts receivable     (503) 925  
Accounts receivable, related party     (2,496) (1,963)  
Prepaid expenses and other current assets     (642) 595  
Inventory     (9,417) (8,515)  
Surety bonds     (1,025) 0  
Asset retirement obligations     (1,505) 0  
Accounts payable, accrued expenses and other liabilities     3,284 (2,758)  
Accounts payable, related party     (492) 445  
Net cash provided by (used in) operating activities     (16,500) 13,312  
INVESTING ACTIVITIES          
Capital expenditures     0 (102)  
Net cash used in investing activities     0 (102)  
FINANCING ACTIVITIES          
Proceeds from related-party debt     2,500 0  
Payments on debt principal     (3,035) (1,049)  
Net activity on related-party debt     0 (1,211)  
Net cash used in financing activities     (535) (2,260)  
Net change in cash, cash equivalents, and restricted cash     (17,035) 10,950  
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF PERIOD     18,718 1,521 1,521
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT END OF PERIOD $ 1,683 $ 12,471 1,683 12,471 $ 18,718
Supplemental Information:          
Right of use assets financed via operating lease     0 215  
Interest paid     $ 5,784 $ 5,737