v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss and comprehensive loss $ (20,010,000) $ (17,323,000)
Depreciation 770,000 605,000
Amortization of debt discount and issuance costs 1,153,000 737,000
Amortization of right-of-use asset 193,000 171,000
Interest expense added to loan principal 1,461,000 1,362,000
Interest expense added to lease liability 1,467,000 1,307,000
Compensation charge for stock and share option awards 2,308,000 3,319,000
Unrealized gain on derivative liability (1,029,000) 0
Changes in operating assets and liabilities:    
Accounts receivable 2,207,000 496,000
Inventories (835,000) 9,000
Prepaid expenses and other current assets (45,000) 155,000
Other assets 37,000 65,000
Accounts payable (727,000) 1,137,000
Lease liabilities (290,000) (214,000)
Deferred revenue 333,000 1,776,000
Other accrued liabilities 849,000 1,398,000
Net cash used in operating activities (12,158,000) (5,000,000)
Cash flows from investing activities:    
Additions to property, plant and equipment and water programs (3,362,000) (5,800,000)
Additions to deposits for asset purchase options 0 (5,000,000)
Net cash used in investing activities (3,362,000) (10,800,000)
Cash flows from financing activities:    
Net proceeds from issuance of stock 0 18,335,000
Dividend payments (2,553,000) (2,553,000)
Proceeds from the issuance of long-term debt 15,000,000 0
Principal payments on long-term debt (44,000) (72,000)
Payment for contingent consideration liabilities 0 (1,200,000)
Taxes paid related to net share settlement of equity awards (163,000) (172,000)
Net cash provided by financing activities 12,240,000 14,338,000
Net decrease in cash, cash equivalents and restricted cash (3,280,000) (1,462,000)
Cash, cash equivalents and restricted cash, beginning of period 11,358,000 17,426,000
Cash, cash equivalents and restricted cash, end of period $ 8,078,000 $ 15,964,000