v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 19,454 $ 22,551
Accounts receivable 28,396 30,519
Unbilled receivables 121 0
Inventory 30,235 31,081
Prepaid expenses and other current assets 4,824 3,991
Total current assets 83,030 88,142
Property, plant and equipment, net 222,361 223,254
Operating lease right-of-use assets 25,382 23,471
Intangible assets, net 4,094 4,292
Other assets 798 855
Total assets 335,665 340,014
Current liabilities:    
Accounts payable 12,497 9,427
Accrued expenses and other liabilities 22,820 17,544
Deferred revenue 1,041 9,838
Current portion of long-term debt 4,749 4,366
Current portion of operating lease liabilities 9,051 8,765
Total current liabilities 50,158 49,940
Long-term debt 9,156 8,657
Long-term operating lease liabilities 15,908 14,392
Deferred tax liabilities, net 3,206 4,188
Asset retirement obligations 22,760 22,472
Other non-current liabilities 359 668
Total liabilities 101,547 100,317
Commitments and contingencies (Note 12)
Stockholders’ equity    
Common stock, $0.001 par value, 350,000,000 shares authorized; 48,817,905 issued and 39,370,739 outstanding at March 31, 2026; 47,805,138 issued and 38,944,619 outstanding at December 31, 2025 38 39
Treasury stock, at cost, 9,447,166 and 8,860,519 shares at March 31, 2026 and December 31, 2025, respectively (20,101) (17,393)
Additional paid-in capital 190,021 189,031
Retained earnings 64,213 68,073
Accumulated other comprehensive loss (53) (53)
Total stockholders’ equity 234,118 239,697
Total liabilities and stockholders’ equity $ 335,665 $ 340,014