Balance Sheet

v3.20.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 5,635 $ 7,575
Accounts receivable 0 244
Insurance proceeds receivable 0 17,446
Inventory 1,135 1,257
Prepaid expenses and other current assets 489 981
Total current assets 7,259 27,503
Non-current assets    
Property and equipment, net 37,266 37,643
Intellectual property, net 864 999
Other assets 10,554 3,309
Total non-current assets 48,684 41,951
Total assets 55,943 69,454
Current liabilities    
Accounts payable 1,714 4,829
Accrued expenses 2,179 4,133
Lease liability, current portion 602 552
Notes payable, current portion 364 296
Total current liabilities 4,859 9,810
Lease liability, non-current portion 403 861
Asset retirement obligation 827 790
Notes payable, non-current portion 8,456 8,404
Total liabilities 14,545 19,865
Commitments and contingencies
Stockholders’ equity    
Common stock; $0.001 par value; 100,000,000 shares authorized; 61,117,926 and 57,997,780 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively 61 58
Additional paid-in capital 191,475 189,422
Accumulated deficit (150,138) (139,891)
Total stockholders’ equity 41,398 49,589
Total liabilities and stockholders’ equity $ 55,943 $ 69,454

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