| OTHER SUPPLEMENTAL INFORMATION |
NOTE 12 — OTHER SUPPLEMENTAL INFORMATION Condensed Consolidated Balance Sheet Details Prepaid expenses and other current assets consisted of the following (in thousands): | | | | | | | | | June 30, | | December 31, | | | 2025 | | 2024 | Derivatives | | $ | 8,985 | | $ | 868 | Insurance/bond premiums | | | 6,833 | | | 6,988 | Prepaid deposits related to royalties | | | 7,603 | | | 8,562 | Prepayments to vendors | | | 2,010 | | | 1,586 | Other | | | 404 | | | 500 | Prepaid expenses and other current assets | | $ | 25,835 | | $ | 18,504 |
Accrued liabilities consisted of the following (in thousands): | | | | | | | | | June 30, | | December 31, | | | 2025 | | 2024 | Accrued interest | | $ | 16,073 | | $ | 13,472 | Accrued salaries/payroll taxes/benefits | | | 3,443 | | | 11,623 | Derivatives | | | 1,322 | | | 3,731 | Operating lease liabilities | | | 1,716 | | | 1,522 | Income taxes payable | | | 216 | | | — | Contingent P&A liability | | | 759 | | | 1,751 | Other | | | 1,543 | | | 1,172 | Total accrued liabilities | | $ | 25,072 | | $ | 33,271 |
Condensed Consolidated Statements of Cash Flows Information Supplemental statements of cash flows information consisted of the following (in thousands): | | | | | | | | | June 30, | | December 31, | | | 2025 | | 2024 | Cash and cash equivalents | | $ | 120,723 | | $ | 109,003 | Restricted cash | | | 1,552 | | | 1,552 | Cash, cash equivalents and restricted cash | | | 122,275 | | | 110,555 |
| | | | | | | | | Six Months Ended June 30, | | | 2025 | | 2024 | Non-cash investing and financing activities: | | | | | | | Accrual for investment in oil and natural gas properties | | | 5,194 | | | 5,440 | Right of use asset obtained in exchange for new lease liabilities | | | 1,491 | | | — | ARO - acquisitions, additions, dispositions and revisions, net | | | 6,866 | | | 31,288 | Government securities transferred to trustee in connection with legal defeasance | | | 5,889 | | | — | Legal defeasance of 11.75% Notes | | | 5,170 | | | — | Change in accrual for dividends declared but not paid on unvested share-based awards | | | 229 | | | 36 |
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