SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2023

SIGNIFICANT ACCOUNTING POLICIES

Supplemental disclosure of cash flow information

The following table shows supplemental cash flow information (in thousands):

	Six Months Ended
	June 30,
	2023		2022
Supplemental disclosure of non-cash activities:
Contribution of plant and equipment or deposits on plant and equipment to joint venture	$	35,792	$	—
Deferred financing costs in accounts payable or other accrued liabilities	$	—	$	1,351
Common stock issuance costs in accounts payable	$	250	$	140
Preferred stock issuance costs in other accrued liabilities or accounts payable	$	—	$	293
Purchases of and deposits on plant and equipment in accounts payable, accrued construction liabilities, other accrued liabilities and long-term debt	$	3,590	$	7,625
Investment in joint venture in other accrued liabilities, other amounts due to related parties and long-term debt	$	452	$	1,298
Convertible promissory notes converted to common stock	$	4,666	$	—
Increase to preferred stock liquidation preference from accumulating dividends	$	—	$	284
Convertible promissory note deferred issuance costs in accounts payable	$	—	$	104
Common stock warrants issued for discount on long-term debt	$	16,036	$	—
Decrease to investment in joint venture and increase in plant and equipment for distribution or transfer of nonmonetary assets	$	6,867	$	—
Decrease to investment in joint venture due to bitcoin received as distribution from investee	$	4,943	$	—
Common stock reacquired in exchange for warrants	$	12,479	$	—

Schedule of cash, cash equivalents and restricted cash

The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the consolidated balance sheets that total to the amounts shown in the consolidated statements of cash flows (in thousands):

	June 30, 2023		December 31, 2022
Cash and cash equivalents	$	8,241	$	1,279
Restricted cash		—		7,044
Cash and cash equivalents and restricted cash	$	8,241	$	8,323