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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 66,523 $ 103,659
Accounts receivable - related party 734 707
Contract assets - related party 270 950
Inventory 607 385
Prepaid expenses 6,928 6,828
Tax incentive receivable 4,221 8,971
Other current assets 606 2,018
Total Current Assets 79,889 123,518
Property, plant and equipment, net 104,408 102,878
Intangible assets, net 773 821
Restricted cash 2,087 2,009
Other assets 1,032 1,002
Equity method and other investments 6,749 6,749
Right-of-use assets - operating leases, net 6,348 10,576
Right-of-use assets - finance leases, net 22,728 22,198
TOTAL ASSETS 224,014 269,751
CURRENT LIABILITIES:    
Accounts payable 20,290 23,586
Accrued expenses 23,964 27,414
Lease obligations, current 3,297 4,053
Deferred revenue - related party, current 4,241 4,827
Other current liabilities 580 903
Total Current Liabilities 52,372 60,783
Deferred revenue - related party 59,618 57,576
Lease obligations 4,086 7,523
Asset retirement obligations 1,344 2,821
Note payable, net 73,495 73,221
TOTAL LIABILITIES 190,915 201,924
SHAREHOLDERS' EQUITY:    
Ordinary Shares, $0.00003881 par value, 1,288,327,750 authorized, 79,418,438 and 78,397,380 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 3 3
Capital in excess of par value 780,165 773,565
Accumulated other comprehensive income (5,066) (3,719)
Accumulated deficit (742,003) (702,022)
Total Shareholders' Equity 33,099 67,827
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 224,014 $ 269,751