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STOCKHOLDERS’ EQUITY AND STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2022

Equity [Abstract]

Summarizes Issuances Of Shares Of Our Common Stock

The following table summarizes issuances of shares of our common stock for the years ended December 31, 2022 and 2021 (amounts in thousands):

									Year Ended December 31,
Issuance			Additional disclosure						2022						2021
Vesting of employee stock awards (1)			Stock-Based Compensation discussion below						728,799						294,642
Acquisition of Port Allen facility (2)			Note 6						—						500,000

______________

(1)    Amounts are net of shares withheld to cover employee tax payments. Amounts vested are for various employees.

(2)    In May 2021, the Company issued 500,000 shares of common stock, valued at $3.8 million, as partial consideration for the purchase of an LNG production facility in Port Allen, Louisiana. See Note 7 for further discussion of our acquisition of our LNG production facility in Port Allen.

Summary Of Restricted Stock and Restricted Stock Unit, Activity

A summary of the Company's restricted stock awards activity during the fiscal years 2022 and 2021 are presented in the following table:

			# of Restricted Stock Awards and Units						Weighted Average Grant Date Fair Value per Share
Unvested at 12/31/2020			783,806						1.76
Granted			500,000						6.78
Vested (1)			(851,283)						3.23
Forfeited			(5,504)						1.75
Unvested at 12/31/2021			427,019						1.76
Granted			40,764						4.11
Vested			(247,006)						4.30
Forfeited			(9,838)						1.75
Unvested at 12/31/2022			210,939						4.43

______________

(1) Amount includes 500,000 RSUs which vested upon the resignation of Mr. Reddinger and 250,000 RSUs which vested upon the employment of Mr. Ballard as described above.

Summary Of Stock Options Activity

A summary of the Company's stock option awards activity during the fiscal years 2022 and 2021 are presented in the following table:

			Number of Options						Weighted Average Exercise Price per Share						Weighted Average Grant Date Value per Option						Weighted Average Remaining Contractual Term
Outstanding at December 31, 2020			—
Granted			1,300,000						$	10.00					$	2.21					9.7 years
Outstanding at December 31, 2021			1,300,000						10.00						2.21						9.7 years
Granted			774,505						6.00						1.95						9.1 years
Outstanding at December 31, 2022			2,074,505						$	8.51					$	2.11					8.9 years
Options vested and exercisable at December 31, 2022			442,000						$	10.00					$	2.21					8.7 years

(e) Unrecognized Stock-Based Compensation

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

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Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented.

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