CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Current Assets:
Cash and cash equivalents	$ 12,907	$ 4,272
Prepaid and other current assets	501	591
Total Current Assets	13,408	4,863
Property, plant and equipment, at cost:
Property, plant and equipment	141,476	138,581
Less: Accumulated depreciation	(1,259)	(713)
Net property, plant and equipment	140,217	137,868
Operating lease right-of-use assets	118	217
Finance lease right-of-use assets	10	14
Other long-term assets	3,981	3,395
Total Assets	157,734	146,357
Current Liabilities:
Accounts payable	6,871	9,517
Accrued liabilities	1,404	2,105
Operating lease liability, current	121	134
Finance lease liability, current	6	6
Total Current Liabilities	18,327	11,762
Operating lease liability, net of current		86
Finance lease liability, net of current	5	9
Other long-term liabilities	1,378	1,378
Total Liabilities	19,710	13,235
Commitments and Contingencies (see Note 13)
Stockholders' Equity:
Common Stock, 200,000,000 shares authorized, $0.001 par value Issued shares - 91,944,419 and 64,830,081, respectively Outstanding shares - 91,944,258 and 64,829,920, respectively	92	65
Paid-in capital	528,257	507,001
Accumulated deficit	(390,067)	(373,686)
Less: Treasury stock (161 shares), at cost	(258)	(258)
Total Stockholders' Equity	138,024	133,122
Total Liabilities and Stockholders' Equity	157,734	$ 146,357
Series A-1 Convertible Notes
Current Liabilities:
Convertible Notes	5,715
Series B-1 Convertible Notes
Current Liabilities:
Convertible Notes	$ 4,210

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).