v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 41,461 $ 48,576
Prepaid and other current assets 886 294
Total Current Assets 42,347 48,870
Property, plant and equipment, at cost:    
Property, plant and equipment 146,068 144,646
Less: Accumulated depreciation (1,641) (1,453)
Net property, plant and equipment 144,427 143,193
Other long-term assets 2,360 2,470
Total Assets 189,134 194,533
Current Liabilities:    
Accounts payable 4,411 3,989
Accrued liabilities 939 1,660
Total Current Liabilities 9,058 11,622
Other long-term liabilities 1,381 1,382
Total Liabilities 10,439 13,004
Commitments and Contingencies (see Note 10)
Stockholders' Equity:    
Common Stock, 200,000,000 shares authorized, $0.001 par value Issued shares - 124,703,113 and 117,989,625, respectively Outstanding shares - 124,702,952 and 117,989,464, respectively 125 118
Paid-in capital 584,515 582,681
Accumulated deficit (405,687) (401,012)
Less: Treasury stock (161 shares), at cost (258) (258)
Total Stockholders' Equity 178,695 181,529
Total Liabilities and Stockholders' Equity 189,134 194,533
Series A-1 Convertible Notes    
Current Liabilities:    
Convertible Notes 1,602 1,848
Series B-1 Convertible Notes    
Current Liabilities:    
Convertible Notes $ 2,106 $ 4,125