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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net loss $ (9,251) $ (4,824)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 299 596
Straight-line rent adjustments, net 19 (83)
Loss on extinguishment of related party loan payable 0 250
Equity-based compensation 331 51
Loss on impairment of long-lived assets 248 0
Non-cash operating lease expense 946 1,433
Unrealized (gain) loss on warrants (1,452) 0
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (3,898) (737)
Right-of-use asset initial direct costs (9,555) 0
Accounts payable, accrued expenses and other liabilities (1,991) 869
Net cash used in operating activities (24,304) (2,445)
Cash flows from investing activities:    
Purchases of long-lived assets (484) (144)
Payments for cost of construction (20,739) (2,793)
Purchases of available for sale investments (29,997) 0
Purchases of held-to-maturity investments (166,560) 0
Proceeds from held-to-maturity investments 28,468
Net cash used in investing activities (189,312) (2,937)
Cash flows from financing activities:    
Proceeds from issuance of Sky Series A Preferred Units 0 30,000
Proceeds from issuance of BOC PIPE 45,000 0
Proceeds from Yellowstone trust 15,691 0
Payments for equity issuance costs (8,822) (301)
Payments for debt issuance costs 0 (157)
Payment of loan payable and redemption of Sky membership interest 0 (5,221)
Proceeds of loans payable 0 939
Proceeds of loans payable to related parties 0 630
Net cash provided by financing activities 51,869 25,890
Net (decrease) increase in cash and restricted cash (161,747) 20,508
Cash and restricted cash, beginning of year 203,935 72
Cash and restricted cash, end of period $ 42,188 $ 20,580