XML 14 R3.htm IDEA: XBRL DOCUMENT v3.22.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Total revenues $ 89 $ 346 $ 321 $ 359
Cost of production (including stock-based compensation) 2,640 1,617 5,730 2,518
Depreciation and amortization 1,088 1,177 2,179 2,270
Total cost of goods sold 3,728 2,794 7,909 4,788
Gross loss (3,639) (2,448) (7,588) (4,429)
Operating expenses        
Research and development expense (including stock-based compensation) 1,966 1,332 3,158 2,710
Selling, general and administrative expense (including stock-based compensation) 9,209 4,846 18,576 8,660
Preliminary stage project costs 314 5,472 821 8,199
Other operations (including stock-based compensation) 601 0 1,190 0
Loss on disposal of assets 0 4,954 0 4,954
Depreciation and amortization 386 46 737 104
Total operating expenses 12,476 16,650 24,482 24,627
Loss from operations (16,115) (19,098) (32,070) (29,056)
Other income (expense)        
Gain (loss) from change in fair value of derivative warrant liability 0 43 16 (10)
Interest expense (2) (6) (4) (11)
Investment income (loss) 78 0 330 0
Gain on forgiveness of SBA loan 0 641 0 641
Other income (expense), net 2,878 167 2,894 126
Total other income (expense), net 2,954 845 3,236 746
Net loss $ (13,161) $ (18,253) $ (28,834) $ (28,310)
Net loss per share - basic (in dollars per share) $ (0.06) $ (0.09) $ (0.14) $ (0.15)
Net loss per share - diluted (in dollars per share) $ (0.06) $ (0.09) $ (0.14) $ (0.15)
Weighted-average number of common shares outstanding - basic (in shares) 209,809,994 198,137,420 205,889,651 190,892,223
Weighted-average number of common shares outstanding - diluted (in shares) 209,809,994 198,137,420 205,889,651 190,892,223
Ethanol sales and related products, net        
Revenue and cost of goods sold $ 71 $ 0 $ 240 $ 0
Hydrocarbon revenue        
Revenue and cost of goods sold $ 18 $ 346 $ 81 $ 359