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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net loss $ (3,111) $ (9,537)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation, depletion, accretion, and amortization 1,119 2,195
Impairment of oil and natural gas properties 0 5,419
Total commodity derivatives losses, net 0 1,381
Commodity derivative settlements received 0 404
Losses (gains) on marketable equity securities 66 (15)
Impairment and loss on real estate held for sale 0 11
Amortization of debt issuance costs 23 12
Stock-based compensation 471 200
Right-of-use asset amortization 42 40
Changes in operating assets and liabilities:    
Oil and natural gas sales receivable 689 248
Other assets (343) (397)
Accounts payable and accrued liabilities (2,580) (245)
Accrued compensation and benefits (747) (298)
Revenue and royalties payable (125) 80
Payments on operating lease liability (48) (43)
Payments of asset retirement obligations 0 (58)
Net cash used in operating activities (4,544) (603)
Cash flows from investing activities:    
Acquisition of industrial gas properties (2,128) 0
Property and equipment expenditures (3) 0
Proceeds from sale of oil and natural gas properties, net 0 (35)
Net cash used in investing activities (2,422) (179)
Cash flows from financing activities:    
Payments on insurance premium finance note 0 (62)
Shares withheld to settle tax withholding obligations for restricted stock awards (324) (105)
Repurchases of common stock (234) (396)
Related party share repurchase (1,574) 0
Proceeds from underwritten offering 11,877 0
Net cash provided by (used in) financing activities 9,745 (563)
Net increase (decrease) in cash and equivalents 2,779 (1,345)
Cash and equivalents, beginning of period 7,723 3,351
Cash and equivalents, end of period 10,502 2,006
Industrial Gas Properties [Member]    
Cash flows from investing activities:    
Capital expenditures (277) 0
Oil and Natural Gas Properties [Member]    
Cash flows from investing activities:    
Capital expenditures $ (14) $ (144)