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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 2,921 $ 2,768
Account receivable 11,844 10,018
Prepaid expenses 856 1,220
Total current assets 15,621 14,006
Royalty interests in oil and natural gas properties, net of accumulated amortization of $163,102 and $159,678 respectively 190,120 193,544
Property and equipment, net 296 322
Deferred tax asset, net 51,655 52,135
Other assets 1,344 1,834
Total assets 259,036 261,841
Current liabilities:    
Accounts payable and accrued expenses 6,463 3,471
Other current liabilities 199 502
Total current liabilities 6,662 3,973
Credit facility 38,000 40,000
Warrant liability 8,225 3,036
Other non-current liabilities 415 576
Total liabilities 53,302 47,585
Commitments and contingencies (See Note 14)
Shareholders' equity:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Additional paid in capital 121,349 121,029
Non-controlling interests 82,697 83,586
Retained earnings 1,679 9,632
Total shareholders' equity 205,734 214,256
Total liabilities and shareholders' equity 259,036 261,841
Class A common stock [Member]    
Shareholders' equity:    
Common stock, value 5 5
Class C common stock [Member]    
Shareholders' equity:    
Common stock, value $ 4 $ 4