v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (8,713) $ (2,211)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 3,562 3,727
Stock-based compensation expense 0 447
Provision for credit losses 0 113
Gain on disposal of assets 0 (103)
Income from equity investment in joint venture (525) (537)
Distributions from equity investment in joint venture 1,406 1,637
Impairment 71 0
Non-cash time charter cancellation 572 0
Amortization of debt issuance cost 54 48
Cash settlements from natural gas derivatives, net 0 239
Realized and unrealized (gains) losses on natural gas derivatives, net 0 141
Changes in operating assets and liabilities:    
Accounts receivable (230) 1,745
Prepaid expenses and other current assets 673 636
Accounts payable and accrued liabilities 3,208 (331)
Deferred revenue 20,000 0
Other (592) (11)
Net cash provided by operating activities 19,486 5,540
Cash flows from investing activities:    
Acquisitions of fixed assets and other noncurrent assets (7,561) (1,122)
Proceeds from sale of fixed assets 0 211
Net cash used in investing activities (7,561) (911)
Cash flows from financing activities:    
Proceeds received from borrowings on notes payable 1,000 0
Payments on short- and long-term notes payable and finance leases (1,435) (1,351)
Payment of debt issuance costs (99) (42)
Employee tax payments from stock-based withholding 0 (17)
Net cash used in financing activities (534) (1,410)
Net increase in cash, cash equivalents and restricted cash and cash equivalents 11,393 3,233
Cash, cash equivalents and restricted cash and cash equivalents, beginning of period 7,459 8,987
Cash, cash equivalents and restricted cash and cash equivalents, end of period 18,852 12,220
Effect of exchange rate changes on cash 2 14
Cash, cash equivalents and restricted cash and cash equivalents, end of period, as presented on the Condensed Consolidated Balance Sheets:    
Cash and cash equivalents 4,535 12,220
Restricted cash and cash equivalents 14,317 0
Total cash and cash equivalents $ 18,852 $ 12,220