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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net income (loss) including noncontrolling interests in subsidiaries $ 19,697 $ (20,675)
Adjustments to reconcile net income (loss) including noncontrolling interests in subsidiaries to net cash (used in) provided by operating activities:    
Depreciation, depletion and amortization 32,891 21,735
Accretion of asset retirement obligation 1,299 620
Compensation expense for share-based awards 3,751 2,530
(Gain) loss on foreign currency exchange (405) 72
Change in fair value of equity securities 1,658 35,519
Gain on sale of equity securities (3,512) (28,861)
Unrealized gain on derivatives (1,495) (3,918)
Deferred income taxes 3,609 (5,509)
Changes in assets and liabilities:    
Accounts receivable (284) 69,710
Inventories 995 (1,297)
Prepaid expenses and other assets (3,284) (3,373)
Accounts payable and accrued expenses 5,455 8,129
Royalties and contingent legal fees payable 1,529 (4,593)
Deferred revenue 188 295
Net cash provided by operating activities 62,092 70,384
Cash flows from investing activities:    
Acquisition, net of cash acquired and working capital adjustments (Note 3) 1,230 0
Patent acquisition 0 (14,000)
Purchases of equity securities (17,368) (15,544)
Sales of equity securities 15,165 57,854
Purchases of loans receivable (3,364) 0
Purchases of property and equipment (1,401) (890)
Net additions to oil and gas properties (8,961) (144,487)
Net cash used in investing activities (14,699) (117,067)
Cash flows from financing activities:    
Repurchase of common stock 0 (7,303)
Contributions from noncontrolling interest 0 15,250
Borrowings on the Benchmark revolving credit facility 4,000 71,475
Paydown of Benchmark revolving credit facility (12,000) (12,000)
Paydown of Deflecto facility 12,100 0
Taxes paid related to net share settlement of share-based awards (670) (1,068)
Proceeds from exercise of stock options 30 223
Net cash (used in) provided by financing activities (20,740) 66,577
Effect of exchange rates on cash and cash equivalents 1,247 65
Increase in cash and cash equivalents 27,900 19,959
Cash and cash equivalents, beginning 273,880 340,091
Cash and cash equivalents, ending 301,780 360,050
Noncash investing and financing activities:    
Patent acquisition of prepaid option $ 15,000 $ 0