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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 35,850 $ 34,869
Accounts receivable 46,167 39,378
Prepaid expenses 15,080 7,154
Inventory 3,986 3,304
Derivatives 0 2,199
Deposits 50 50
Total current assets 101,133 86,954
Crude oil and natural gas properties, using the successful efforts method of accounting:    
Proved properties 999,110 699,701
Unproved properties 137,765 108,392
Accumulated depletion, depreciation and amortization (99,442) (82,478)
Total crude oil and natural gas properties, net 1,037,433 725,615
Other property and equipment, net 1,637 1,600
Other noncurrent assets 4,515 4,791
Total assets 1,144,718 818,960
Current liabilities:    
Accounts payable - trade 59,062 38,144
Accrued liabilities 58,083 32,409
Derivatives 51,758 13,591
Advances from joint interest owners 4,067 10,841
Other current liabilities 6,676 8,015
Total current liabilities 179,646 103,000
Noncurrent liabilities:    
Long-term debt, net 203,197 97,929
Deferred income taxes 55,490 55,802
Derivatives 5,342 4,075
Asset retirement obligations 5,082 4,260
Other 2,080 831
Commitments and contingencies (Note 10)
Stockholders' equity:    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding at March 31, 2022 and December 31, 2021 0 0
Common stock, $0.0001 par value, 600,000,000 shares authorized, 103,810,939 and 96,774,185 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 10 10
Additional paid-in capital 777,501 617,489
Accumulated deficit 83,630 64,436
Total stockholders' equity 693,881 553,063
Total liabilities and stockholders' equity $ 1,144,718 $ 818,960