CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current Assets:
Cash and cash equivalents	$ 4,272	$ 10,852
Prepaid and other current assets	591	762
Total Current Assets	4,863	11,614
Property, plant and equipment, at cost:
Property, plant and equipment	138,581	132,870
Less: Accumulated depreciation	(713)	(470)
Net property, plant and equipment	137,868	132,400
Operating lease right-of-use assets	217	336
Finance lease right-of-use assets	14	20
Other long-term assets	3,395	5,461
Total Assets	146,357	149,831
Current Liabilities:
Accounts payable	9,517	5,957
Accrued liabilities	2,105	1,696
Operating lease liability, current	134	117
Finance lease liability, current	6	5
Total Current Liabilities	11,762	7,775
Operating lease liability, net of current	86	220
Finance lease liability, net of current	9	15
Other long-term liabilities	1,378	1,378
Total Liabilities	13,235	9,388
Commitments and Contingencies (see note 12)
Stockholders' Equity:
Common stock, 200,000,000 shares authorized, $0.001 par value Issued shares - 64,830,081 and 55,387,794, respectively Outstanding shares - 64,829,920 and 55,387,633, respectively	65	55
Paid-in capital	507,001	501,675
Accumulated deficit	(373,686)	(361,029)
Less: Treasury stock (161 shares), at cost	(258)	(258)
Total Stockholders' Equity	133,122	140,443
Total Liabilities and Stockholders' Equity	$ 146,357	$ 149,831

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).