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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 21,569 $ 17,292
Accounts receivable 4,968 4,586
Inventories 3,052 3,020
Prepaid expenses and other current assets 1,000 888
Total current assets 30,589 25,786
Property, plant, equipment and water programs, net 92,105 88,362
Long-term deposit/prepaid expenses 420 420
Goodwill 5,714 5,714
Right-of-use asset 3,660 3,746
Long-term restricted cash 2,759 134
Other assets 10,329 10,332
Total assets 145,576 134,494
Current liabilities:    
Accounts payable 2,107 2,261
Accrued liabilities 7,026 7,997
Current portion of long-term debt 101 120
Dividend payable 1,265 1,288
Contingent consideration liabilities 1,200 1,200
Deferred revenue 1,949 1,226
Operating lease liabilities 340 314
Total current liabilities 13,988 14,406
Long-term debt, net 57,713 56,708
Long-term lease obligations with related party, net 25,915 25,275
Long-term operating lease liabilities 3,253 3,473
Deferred revenue 625 625
Other long-term liabilities 47 46
Total liabilities 101,541 100,533
Commitments and contingencies (Note 10)  
Stockholders’ equity:    
Common stock - $.01 par value; 100,000,000 shares authorized at March 31, 2025 and December 31, 2024; shares issued and outstanding – 81,785,011 at March 31, 2025 and 75,353,889 at December 31, 2024 816 752
Additional paid-in capital 730,171 709,303
Accumulated deficit (686,954) (676,096)
Total stockholders’ equity 44,035 33,961
Total liabilities and stockholders’ deficit 145,576 134,494
Series 1 Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock 1 1
Series A Preferred Stock [Member]    
Current liabilities:    
Dividend payable 1,270  
Stockholders’ equity:    
Preferred stock $ 1 $ 1