Deposits and Other Assets (Tables)

6 Months Ended

Jun. 30, 2022

Other Assets, Noncurrent [Abstract]

Deposits and Other Assets

The following table sets forth the components of the Company's Deposits and other assets (in thousands) as of:

	June 30, 2022		December 31, 2021
Deposits (1)	$	991	$	831
Equity interest (2)	1,500		1,500
Exclusivity fees (3)	3,250		3,250
Total Deposits and Other Assets	$	5,741	$	5,581

(1) Deposits for legal services and product for the Net-Zero 1 Project.

(2) The Company directly holds 4.6% interest of the Series A Preferred Stock in Juhl Clean Energy Assets, Inc. ("Juhl"), which is not a publicly listed entity with readily determinable fair value. The Company therefore measures the securities at cost, which is deemed to be the value indicated by the last observable transaction in Juhl's stock, subject to impairment. The equity interest in Juhl is also pledged as collateral against two future obligations to Rock County Wind Fuel, LLC ("RCWF"), a Juhl subsidiary, see Footnote 15, Commitments and Contingencies, for additional information.

(3) Axens North America, Inc. ("Axens") will provide certain alcohol-to-SAF services exclusively to the Company which may be offset against future license fees subject to the delivery of a process design package.