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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Total revenues $ 309 $ 120 $ 630 $ 479
Idle facility costs 2,330 0 2,330 0
Cost of production 318 2,378 5,242 4,896
Idle facility costs 2,330 0 2,330 0
Depreciation and amortization 1,250 1,104 3,429 3,374
Total cost of goods sold 3,898 3,482 11,001 8,270
Gross loss (3,589) (3,362) (10,371) (7,791)
Operating expenses        
Research and development expense 1,562 1,495 4,720 4,205
Selling, general and administrative expense 11,144 9,287 29,205 17,947
Preliminary stage project costs 915 313 1,736 8,512
Other operations 1,303 0 3,814 0
Impairment loss 24,749 0 24,749 0
Loss on disposal of assets 0 183 0 5,137
Stock-based compensation 407 94 1,144 198
Total operating expenses 40,080 11,372 65,368 35,999
Loss from operations (43,669) (14,734) (75,739) (43,790)
Other income (expense)        
Gain (loss) from change in fair value of derivative warrant liability 0 6 16 (4)
Interest expense (712) (67) (716) (78)
Investment income (loss) 874 233 1,204 354
Gain on forgiveness of SBA loan 0 0 0 641
Other income (expense), net (279) 182 2,615 187
Total other income (expense), net (117) 354 3,119 1,100
Net loss $ (43,786) $ (14,380) $ (72,620) $ (42,690)
Net loss per share - basic (in dollars per share) $ (0.19) $ (0.07) $ (0.34) $ (0.22)
Net loss per share - diluted (in dollars per share) $ (0.19) $ (0.07) $ (0.34) $ (0.22)
Weighted-average number of common shares outstanding - basic (in shares) 236,649,805 199,341,519 216,255,710 193,739,605
Weighted-average number of common shares outstanding - diluted (in shares) 236,649,805 199,341,519 216,255,710 193,739,605
Ethanol sales and related products, net        
Revenue and cost of goods sold $ 0 $ 16 $ 240 $ 16
Hydrocarbon revenue        
Revenue and cost of goods sold 0 104 81 463
Renewable natural gas commodity        
Revenue and cost of goods sold $ 309 $ 0 $ 309 $ 0