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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents ($18 and $19 respectively from VIE) $ 3,558 $ 7,751
Accounts receivable, net of allowance for doubtful accounts of $0 and $1,404 as of June 30, 2022 and December 31, 2021, respectively 1,278 1,574
Inventories, net of allowance for excess and obsolete inventory of $1,040 as of June 30, 2022 and December 31, 2021, respectively 4,905 5,126
Prepaid expenses ($184 and $335 respectively from VIE) 4,752 5,598
Other current assets 552 644
Total current assets 15,045 20,693
Property, plant and equipment, net ($54,992 and $39,625 respectively from VIE) 156,790 135,101
Operating lease right-of-use assets ($0 and $10 respectively from VIE) 2,294 2,462
Other assets ($537 and $38 respectively from VIE) 4,323 2,575
Total assets 178,452 160,831
Current liabilities:    
Accounts payable ($6,942 and $4,950 respectively from VIE) 19,138 16,415
Current portion of long term debt 9,003 8,192
Short term borrowings ($9 and $9 respectively from VIE) 15,856 14,586
Mandatorily redeemable Series B convertible preferred stock 3,915 3,806
Accrued property taxes ($0 and $121 respectively from VIE) 984 6,830
Accrued contingent litigation fees 0 6,200
Current portion of operating lease liability ($5 and $11 respectively from VIE) 258 260
Current portion of Series A preferred units ($4,608 and $3,169 respectively from VIE) 4,608 3,169
Other current liabilities ($777 and $306 respectively from VIE) 6,600 5,872
Total current liabilities 60,362 65,330
Long term liabilities:    
Senior secured notes and revolving notes 140,084 121,451
EB-5 notes 32,000 32,500
Other long term debt ($36 and $40 respectively from VIE) 11,665 12,038
Series A preferred units ($50,280 and $44,978 respectively from VIE) 50,280 44,978
Operating lease liability 2,191 2,318
Other long term liabilities 4,583 2,454
Total long term liabilities 240,803 215,739
Stockholders' deficit:    
Series B convertible preferred stock, $0.001 par value; 7,235 authorized; 1,270 and 1,275 shares issued and outstanding each period, respectively (aggregate liquidation preference of $3,810 and $3,825 respectively) 1 1
Common stock, $0.001 par value; 80,000 authorized; 34,582 and 33,461 shares issued and outstanding each period, respectively 35 33
Additional paid-in capital 221,915 205,305
Accumulated deficit (339,730) (321,227)
Accumulated other comprehensive loss (4,934) (4,350)
Total stockholders' deficit (122,713) (120,238)
Total liabilities and stockholders' deficit $ 178,452 $ 160,831