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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 47,487 $ 15,884
Restricted cash 21,805 36,356
Accounts receivable, net of allowance of $8,724 and $8,724, respectively 173 234
Accounts receivable from related parties 2 23
Digital assets 0 724
Prepaid expenses and other current assets 30,728 31,881
Total Current Assets 100,195 85,102
Property, plant and equipment, net 628,037 691,134
Operating lease right-of-use assets 20,235 20,430
Intangible assets, net 2,165 1,704
Other noncurrent assets 9,387 9,316
Total Assets 760,019 807,686
Current Liabilities:    
Accounts payable 50,352 53,641
Accrued expenses and other current liabilities 58,596 17,952
Deferred revenue 68,338 77,689
Deferred revenue from related parties 1,218 496
Operating lease liabilities, current portion 597 769
Notes payable, current portion 35,645 36,242
Total Current Liabilities 214,746 186,789
Operating lease liabilities, net of current portion 1,055 720
Other noncurrent liabilities 2,211 2,210
Total liabilities not subject to compromise 218,012 189,719
Liabilities subject to compromise 950,765 1,027,313
Total Liabilities 1,168,777 1,217,032
Contingently redeemable preferred stock; $0.0001 par value; 2,000,000 shares authorized; — and — shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively; $— and $— total liquidation preference at March 31, 2023 and December 31, 2022, respectively 0 0
Commitments and contingencies (Note 8)
Stockholders’ Deficit:    
Common stock; $0.0001 par value; 10,000,000 shares authorized at both March 31, 2023 and December 31, 2022; 377,841 and 375,225 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 36 36
Additional paid-in capital 1,776,641 1,764,368
Accumulated deficit (2,185,435) (2,173,750)
Total Stockholders’ Deficit (408,758) (409,346)
Total Liabilities, Contingently Redeemable Preferred Stock and Stockholders’ Deficit $ 760,019 $ 807,686