v3.26.1
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (5,465) $ (9,169)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation, depletion, accretion, and amortization 1,151 2,237
Impairment of oil and natural gas properties 0 2,760
Loss on sale of assets 0 424
Commodity derivatives gain (167) 0
Commodity derivative settlements received 0 0
Loss (gain) on marketable equity securities 30 (79)
Amortization of debt issuance costs 16 45
Stock-based compensation 1,131 1,034
Right-of-use asset amortization 161 0
Shares issued to consultants 90 85
Changes in operating assets and liabilities:    
Oil and natural gas sales receivable (175) 731
Accounts payable and accrued liabilities 108 (3,826)
Other operating assets and liabilities, net (29) (273)
Payments on operating lease liability (103) (96)
Net cash used in operating activities (3,252) (6,127)
Cash flows from investing activities:    
Acquisition of industrial gas properties (91) (2,128)
Property and equipment expenditures 0 (3)
Net proceeds from sale of oil and natural gas properties 0 144
Net cash used in investing activities (10,094) (4,509)
Cash flows from financing activities:    
Borrowings on credit facility 2,000 0
Financing costs (113) 0
Shares withheld to settle tax withholding obligations for restricted stock awards (171) (346)
Repurchases of common stock 0 (316)
Related party share repurchase 0 (1,574)
Net cash provided by financing activities 18,905 9,641
Net change in cash and equivalents 5,558 (995)
Cash and equivalents, beginning of period 429 7,723
Cash and equivalents, end of period 5,987 6,728
Underwritten Offering [Member]    
Cash flows from financing activities:    
Proceeds from Issuance of Common Stock 8,086 11,877
Committed Equity Facility [Member]    
Cash flows from financing activities:    
Proceeds from Issuance of Common Stock 9,103 0
Industrial Gas Properties [Member]    
Cash flows from investing activities:    
Capital expenditures (9,700) (2,504)
Oil and Natural Gas Properties [Member]    
Cash flows from investing activities:    
Capital expenditures $ (303) $ (18)