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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 19,481 $ 12,558
Accounts receivable 108 38
Prepaid expenses and other current assets 572 408
Total current assets 20,161 13,004
Property, plant, equipment and water programs, net 47,356 46,619
Long-term deposit/prepaid expenses 2,000 2,000
Goodwill 3,813 3,813
Other assets 4,196 3,873
Total assets 77,526 69,309
Current liabilities:    
Accounts payable 1,086 225
Accrued liabilities 1,369 2,070
Current portion of long-term debt 53 59
Warrant derivative liabilities 865
Other liabilities 966 923
Total current liabilities 3,474 4,142
Long-term debt, net 137,988 136,246
Long-term lease obligations, net 15,045 14,411
Deferred revenue 750 750
Other long-term liabilities 37
Total liabilities 157,294 155,549
Stockholders’ deficit:    
Common stock - $.01 par value; 70,000,000 shares authorized at June 30, 2019 and December 31, 2018; shares issued and outstanding – 26,942,085 at June 30, 2019 and 24,654,911 at December 31, 2018 269 247
Additional paid-in capital 406,762 383,521
Accumulated deficit (486,799) (470,008)
Total stockholders’ deficit (79,768) (86,240)
Total liabilities and stockholders’ deficit $ 77,526 $ 69,309