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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 11,186 $ 7,290
Accounts receivable 66 55
Prepaid expenses and other current assets 1,235 691
Total current assets 12,487 8,036
Property, plant, equipment and water programs, net 76,098 53,481
Long-term deposit/prepaid expenses 420 3,000
Equity-method investments 1,044 1,354
Goodwill 3,813 3,813
Right-of-use asset 3,294 15
Other assets 4,487 4,664
Total assets 101,643 74,363
Current liabilities:    
Accounts payable 117 548
Accrued liabilities 2,156 674
Current portion of long-term debt 43 51
Warrant derivative liabilities 0 1,847
Operating lease liabilities 25 15
Total current liabilities 2,341 3,135
Long-term debt, net 82,476 78,596
Long-term lease obligations with related party, net 18,001 17,183
Deferred revenue 750 750
Long-term operating lease liabilities 3,109 0
Other long-term liabilities 31 0
Total liabilities 106,708 99,664
Stockholders’ deficit:    
Preferred stock - $.01 par value; 100,000 shares authorized at June 30 31, 2021 and December 31, 2020; shares issued and outstanding – 6,281 at June 30, 2021 and 7,531 at December 31, 2020 1 1
Common stock - $.01 par value; 70,000,000 shares authorized at June 30, 2021 and December 31, 2020; shares issued and outstanding – 40,618,400 at June 30, 2021 and 36,902,361 at December 31, 2020 405 368
Additional paid-in capital 551,449 513,744
Accumulated deficit (556,920) (539,414)
Total stockholders’ deficit (5,065) (25,301)
Total liabilities and stockholders’ deficit $ 101,643 $ 74,363