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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents (Note 2(e)) $ 124,666 $ 101,592
Time deposits (Note 2(e)) 63,500 40,000
Accounts receivable, trade (Note 2(f)) 6,565 5,870
Inventories (Note 2(g)) 4,193 5,056
Prepaid expenses and other assets 7,490 8,696
Investments in equity securities (Note 5(b)) 0 20,729
Fair value of derivatives 0 129
Total Current Assets 206,608 182,221
Fixed Assets:    
Advances for vessels under construction (Note 6) 19,558 0
Vessels, net (Note 6) 833,412 900,192
Property and equipment, net (Note 7) 27,175 24,282
Total fixed assets 880,145 924,474
Other Noncurrent Assets    
Restricted cash, non-current (Note 2(e) and 8) 19,000 20,000
Equity method investments (Note 4) 42,826 15,769
Other non-current assets 31 31
Deferred costs 17,838 15,278
Total Non-current Assets 964,410 984,189
Total assets 1,171,018 1,166,410
Current Liabilities    
Long-term debt, current, net of deferred financing costs (Note 8) 45,230 49,512
Finance liabilities, current (Note 9) 9,608 9,221
Accounts payable 8,990 9,663
Accrued liabilities 11,896 12,416
Deferred revenue 4,235 3,563
Fair value of derivatives 31 0
Total Current Liabilities 80,180 85,134
Non-current Liabilities    
Long-term debt, net of current portion and deferred financing costs (Note 8) 469,387 461,131
Finance liabilities, net of current portion (Note 9) 113,300 122,908
Fair value of derivatives (Note 2 (dd)) 134 568
Warrant liability (Note 11(e)) 1,802 6,332
Other non-current liabilities 1,158 1,316
Total Noncurrent Liabilities 585,781 592,255
Commitments and contingencies (Note 10)
Stockholders' Equity    
Preferred stock (Note 11) 26 26
Common stock, $0.01 par value; 1,000,000,000 shares authorized and 125,203,405 and 113,065,725 issued and outstanding on December 31, 2024 and 2023, respectively (Note 11) 1,252 1,131
Additional paid in capital 1,139,363 1,101,425
Accumulated other comprehensive income 312 308
Accumulated deficit (635,896) (613,869)
Total Stockholders' Equity 505,057 489,021
Total Liabilities and Stockholders' Equity 1,171,018 1,166,410
Related Party [Member]    
Current Assets    
Accounts receivable, trade (Note 2(f)) 194 149
Other Noncurrent Assets    
Due from related parties, non-current (Note 4) 155 319
Investments in a related party (Notes 2(aa) and 5(a)) 4,415 8,318
Current Liabilities    
Accounts payable $ 190 $ 759