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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 296,871 $ 132,735
Accounts receivable, net of allowance for doubtful accounts 56,754 57,572
Inventories, net 63,238 58,290
Prepaid expenses 7,615 9,778
Other current assets 2,841 3,590
Total Current Assets 427,319 261,965
Property, plant and equipment, net 979,164 800,586
Deposits on equipment 1,895 3,823
Operating Lease, Right-of-Use Asset 3,616 5,165
Equity method investment 0 25,418
Long term investment in equity securities 23,528 0
Other assets 28,899 28,426
Total Assets 1,464,421 1,125,383
CURRENT LIABILITIES:    
Accounts payable 36,096 55,088
Accrued expenses 49,816 33,016
Operating Lease, Liability, Current 1,312 1,510
Finance Lease, Liability, Current 1,998 0
Total Current Liabilities 89,222 89,614
Convertible senior notes 393,074 0
Operating Lease, Liability, Noncurrent 2,591 4,200
Finance Lease, Liability, Noncurrent 26,080 0
Total Liabilities 510,967 93,814
Commitments and contingencies
STOCKHOLDERS' EQUITY:    
Common stock — voting, $0.001 par value, 200,000 shares authorized, 48,277 issued and 48,263 outstanding on December 31, 2023, and 48,051 issued and 48,037 outstanding on December 31, 2022 48 48
Additional paid-in capital 1,282,984 1,325,524
Accumulated deficit (328,731) (295,117)
Accumulated other comprehensive (loss) income (591) 1,370
Treasury stock, at cost (256) (256)
Total Stockholders' Equity 953,454 1,031,569
Total Liabilities and Stockholders' Equity $ 1,464,421 $ 1,125,383