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Note 12 - Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Net operating loss carryforwards $ 15,300 $ 9,725
Stock-based compensation 3,234 3,124
Other 31 31
Less: Valuation allowance 0 0
Net deferred tax assets 18,565 12,880
Oil and natural gas properties, principally due to differences in basis and depreciation and the deduction of intangible drilling costs for tax purposes (58,578) (51,778)
Net deferred tax liabilities $ (40,013) $ (38,898)