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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 45,621 $ 73,811
Accounts and other receivables 8,172 12,752
Current restricted cash 8 8
Income tax receivable 41 0
Current portion of derivative instruments 471 785
Prepaid insurance and other current assets 2,911 2,819
Total current assets 57,224 90,175
Non-current restricted cash 375 423
Property, plant and equipment, net 252,288 214,289
Goodwill and intangible assets, net 18,113 18,421
Deferred tax assets 1,272 2,076
Non-current portion of derivative instruments 298 470
Operating lease right-of-use assets 7,064 4,313
Finance lease right-of-use assets 110 36
Related party receivable   10,138
Other assets 12,271 9,897
Total assets 349,015 350,238
Current liabilities:    
Accounts payable 8,856 7,916
Accrued liabilities 10,069 12,789
Related party payable 625 0
Income tax payable 0 313
Current portion of operating lease liability 2,049 420
Current portion of finance lease liability 76 26
Current portion of long-term debt 11,853 7,886
Total current liabilities 33,528 29,350
Long-term debt, less current portion 43,763 55,614
Non-current portion of operating lease liability 5,138 4,133
Non-current portion of finance lease liability 36 10
Asset retirement obligations 6,338 5,900
Other liabilities 2,795 4,992
Total liabilities 91,598 99,999
Commitments and contingencies (Note 20)
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value, authorized 690,000,000 shares; 143,792,811 and 143,732,811 shares issued at December 31, 2024 and December 31, 2023, respectively; 142,711,797 and 141,986,189 shares outstanding at December 31, 2024 and December 31, 2023, respectively 1,426 1,420
Treasury stock, at cost, 2,308,524 and 984,762 shares December 31, 2024 and December 31, 2023, respectively (21,262) (11,173)
Additional paid-in capital 221,905 214,378
Retained earnings 55,348 45,614
Total stockholders' equity 257,417 250,239
Total liabilities and stockholders' equity $ 349,015 $ 350,238