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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 136,627 $ 1,179,297
Short-term investments 1,045,718 0
Total cash, cash equivalents and short-term investments 1,182,345 1,179,297
Accounts receivable (including related party) 32,856 51,009
Inventories 57,554 38,692
Income taxes receivable 2,201 0
Prepaid expenses and other current assets 18,872 7,809
Total current assets 1,293,828 1,276,807
Non-current assets    
Property, plant and equipment, net 935,743 610,612
Non-current inventories 5,744 0
Other non-current assets 2,472 2,247
Total non-current assets 943,959 612,859
Total assets 2,237,787 1,889,666
Current liabilities    
Accounts payable, construction payables and accrued liabilities 72,265 35,734
Income taxes payable 21,163 3,463
Current installments of long-term debt—related party 0 16,082
Other current liabilities 4,053 4,264
Total current liabilities 97,481 59,543
Non-current liabilities    
Asset retirement obligations 5,295 17,615
Environmental obligations 16,580 16,598
Long-term debt, net of current portion 678,444 674,927
Deferred income taxes 122,353 104,500
Other non-current liabilities 5,000 7,751
Total non-current liabilities 827,672 821,391
Total liabilities 925,153 880,934
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Preferred stock ($0.0001 par value, 50,000,000 shares authorized, none issued and outstanding in either year) 0 0
Common stock ($0.0001 par value, 450,000,000 shares authorized, 177,706,608 and 177,816,554 shares issued and outstanding, as of December 31, 2022 and December 31, 2021, respectively) 18 18
Additional paid-in capital 951,008 936,299
Retained earnings 361,419 72,415
Accumulated other comprehensive income 189 0
Total stockholders’ equity 1,312,634 1,008,732
Total liabilities and stockholders’ equity $ 2,237,787 $ 1,889,666