v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 261,836 $ 339,625
Trade receivables, net 154,507 209,110
Inventories 178,702 155,743
Other current assets 78,096 110,275
Total current assets 673,141 814,753
Non-current assets:    
Property, plant and equipment, net 1,666,061 1,507,130
Right of use asset - operating leases, net 97,398 90,143
Goodwill 28,008 28,008
Intangible assets, net 2,807 2,905
Restricted deposits 99,697 68,471
Other non-current assets 11,270 6,342
Total assets 2,578,382 2,517,752
Current liabilities:    
Accounts payable 100,343 101,743
Accrued expenses and other current liabilities 230,739 206,798
Asset retirement obligations 12,329 15,523
Contract obligations 21,983 37,090
Lease liabilities 29,723 19,502
Interest bearing liabilities 1,532 1,363
Income tax payable 19,335 17,568
Other current financial liabilities 4,946 5,988
Total current liabilities 420,930 405,575
Non-current liabilities:    
Asset retirement obligations 153,834 149,275
Contract obligations 448,987 312,822
Interest bearing liabilities 487,254 410,944
Other financial liabilities 19,201 18,881
Lease liabilities 93,276 74,241
Deferred income tax liabilities 11,815 36,737
Other non-current liabilities 41,334 36,392
Total liabilities 1,676,631 1,444,867
Common stock $0.01 par value; 1,000,000,000 shares authorized,167,645,373 shares issued and outstanding as of June 30, 2025 and December 31, 2024 1,677 1,677
Series A Preferred stock $0.01 par value; 100,000,000 shares authorized, 1 Share issued and outstanding as of June 30, 2025 and December 31, 2024 0 0
Additional paid-in capital 1,094,375 1,094,560
Accumulated other comprehensive losses (127,726) (137,560)
(Accumulated losses) retained earnings (66,575) 114,208
Total stockholders' equity 901,751 1,072,885
Total liabilities and stockholders' equity $ 2,578,382 $ 2,517,752