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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 15,363,000 $ 15,217,000
Digital assets 0 348,000
Accounts receivable, net of allowance for doubtful accounts of $0 at June 30, 2023 and December 31, 2022 177,000 2,696,000
Prepaid expenses and other assets 3,577,000 6,266,000
Emissions and carbon offset credits 1,597,000 1,260,000
Income tax receivable 857,000 798,000
Current assets held for sale 1,074,000 6,473,000
Total current assets 22,645,000 33,058,000
LONG-TERM ASSETS:    
Property and equipment, net 70,816,000 130,417,000
Other long-term assets 836,000 292,000
Total assets 94,297,000 163,767,000
CURRENT LIABILITIES:    
Accounts payable 9,391,000 9,608,000
Accrued emissions expense 6,090,000 6,052,000
Accrued expenses 7,450,000 11,327,000
Short-term environmental liability 1,700,000 600,000
Long-term debt, current portion 3,536,000 67,161,000
Current liabilities held for sale 1,475,000 3,974,000
Total current liabilities 29,642,000 98,722,000
LONG-TERM LIABILITIES:    
Long-term debt, net of current portion and deferred financing fees 86,687,000 84,585,000
Environmental liabilities 26,174,000 27,400,000
Other long-term liabilities 3,562,000 107,000
Total liabilities 146,065,000 210,814,000
COMMITMENTS AND CONTINGENCIES (NOTE 10)
STOCKHOLDERS' EQUITY:    
Preferred stock, par value $0.0001, 20,000,000 shares authorized, none outstanding 0 0
Common stock, par value $0.0001, 500,000,000 shares authorized, 7,236,614 and $4,625,278 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 1,000 0
Additional paid-in capital 307,238,000 293,774,000
Cumulative translation adjustment (330,000) (357,000)
Accumulated deficit (358,677,000) (340,464,000)
Total stockholders' equity (51,768,000) (47,047,000)
Total liabilities and stockholders' equity $ 94,297,000 $ 163,767,000