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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 96,453 $ 82,599
Short term investments 496
Digital assets 393 476
Accounts receivable 5,569 5,524
Prepaid expenses 10,286 9,146
Emissions and carbon offset credits 1,025 2,361
Total current assets 113,726 100,602
LONG-TERM ASSETS:    
Property and equipment, net 292,051 217,091
Right-of-use assets 1,375 1,472
Intangible assets, net 3,305 3,537
Goodwill 3,062 3,062
Deferred tax assets 16,846 15,058
Other long-term assets 989 445
Total assets 431,354 341,267
CURRENT LIABILITIES:    
Accounts payable 14,823 5,923
Accrued emissions expense 2,637 2,634
Accrued expenses 11,676 10,375
Income taxes payable 3,879 2,481
Long-term debt, current portion 66,729 19,577
Lease obligation, current portion 500 736
Total current liabilities 100,244 41,726
LONG-TERM LIABILITIES:    
Long-term debt, net of current portion and deferred financing fees 103,191 75,251
Lease obligation, net of current portion 195 193
Asset retirement obligations 2,691 2,691
Environmental liability 8,615 8,615
Other long-term liabilities 366 368
Total liabilities 215,302 128,844
COMMITMENTS AND CONTINGENCIES (NOTE 13)
STOCKHOLDERS' EQUITY:    
Preferred stock
Common stock 4 4
Additional paid-in capital 285,905 281,815
Cumulative translation adjustment (32)
Accumulated deficit (69,825) (69,396)
Total stockholders' equity 216,052 212,423
Total liabilities and stockholders' equity $ 431,354 $ 341,267