v3.25.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Assets:    
Cash and cash equivalents $ 139,094 $ 49,560
Prepaids and deposits 3,781 2,863
Supplies inventories, net 1,316 1,354
Equity securities 796 454
Receivables 450 369
Current assets 145,437 54,600
Property, plant, and equipment and assets held-for-sale, net 56,236 57,286
Restricted cash 28,273 27,498
Prepaids 645 600
Equity securities 0 151
Total assets 230,591 140,135
Liabilities:    
Contract liabilities 3,900 0
Accounts payable, accrued expenses, and other liabilities 3,688 5,561
Debt, net 29 54
Asset retirement obligation 22 179
Current liabilities 7,639 5,794
Debt, net 134,160 124,945
Deferred gain on sale of royalty 29,839 29,839
Asset retirement obligation 11,453 12,972
Other liabilities 15 0
Total liabilities 183,106 173,550
Commitments and contingencies
Stockholders’ equity (deficit)    
Common stock, $0.0001 par value; 1,400,000,000 shares authorized; 54,583,513 issued and outstanding at September 30, 2025, and 24,875,587 issued and outstanding at December 31, 2024, respectively 24 21
Additional paid-in capital 866,399 752,630
Accumulated equity (deficit) (818,938) (786,066)
Total stockholders’ deficit 47,485 (33,415)
Total liabilities and stockholders’ equity (deficit) $ 230,591 $ 140,135