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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
OPERATING ACTIVITIES    
Net income (loss) $ (16,888) $ 7,273
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depletion, depreciation and amortization 1,400 1,386
Accretion of asset retirement obligations 66 0
Amortization of debt issue costs 102 64
Guaranty fees paid in kind 304 304
Related-party interest expense paid in kind 401 646
Deferred revenue and expenses (225) (97)
Loss on issuance of shares 235 0
Gain on extinguishment of debt 0 (43)
Changes in operating assets and liabilities    
Accounts receivable (195) 151
Prepaid expenses and other current assets (1,019) 1,603
Deposits and other assets 0 14
Inventory (13,757) 29
Accounts payable, accrued expenses and other liabilities 673 (450)
Net cash provided by (used in) operating activities 4,873 (3,666)
INVESTING ACTIVITIES    
Capital expenditures (46) 0
Net cash used in investing activities (46) 0
FINANCING ACTIVITIES    
Proceeds from debt 1,500 500
Payments on debt principal (8) (9)
Net activity on related-party debt (6,372) 2,121
Net cash provided by (used in) financing activities (4,880) 2,612
Net change in cash, cash equivalents, and restricted cash (53) (1,054)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF PERIOD 57 1,111
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT END OF PERIOD 4 57
Non-cash investing and financing activities:    
Financing of line of credit via related-party debt 0 900
Financing of guaranty fees via long-term debt, related party 304 300
Issuance of shares for services and/or to extinguish debt 860 0
Related-party receivables settled against related-party provided working capital 9,523 2,790
Line credit financed by offsetting tank leases less interest 0 289
Interest paid 1,534 542
Income taxes paid (refunded) $ 0 $ 0