Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
 [1]
Current Assets:    
Cash and cash equivalents $ 26,162 $ 36,456
Restricted cash 8,699 13,069
Accounts receivable, net (net of allowance for credit losses of $51 and $105, respectively) 66,065 68,655
Inventories 57,092 66,628
Derivative instruments 3,974 4,973
Other current assets 6,213 9,340
Total current assets 168,205 199,121
Property and equipment, net 248,882 239,069
Other Assets:    
Right of use operating lease assets, net 23,387 18,937
Intangible assets, net 8,645 9,087
Goodwill 5,970 5,970
Other assets 6,013 6,137
Total other assets 44,015 40,131
Total Assets 461,102 478,321
Current Liabilities:    
Accounts payable 23,990 28,115
Accrued liabilities 16,644 26,556
Current portion – operating leases 4,044 3,849
Derivative instruments 7,249 6,732
Other current liabilities 6,488 12,765
Total current liabilities 58,415 78,017
Long-term debt, net 75,878 68,356
Operating leases, net of current portion 19,942 15,062
Other liabilities 8,870 8,797
Total Liabilities 163,105 170,232
Commitments and Contingencies (Note 6)
Stockholders’ Equity:    
Preferred stock, $0.001 par value; 10,000 shares authorized; Series A: 1,684 shares authorized; no shares issued and outstanding as of September 30, 2023 and December 31, 2022; Series B: 1,581 shares authorized; 927 shares issued and outstanding as of September 30, 2023 and December 31, 2022; liquidation preference of $18,075 as of September 30, 2023 1 1
Common stock, value 76 75
Additional paid-in capital 1,040,747 1,040,834
Accumulated other comprehensive income 1,822 1,822
Accumulated deficit (744,649) (734,643)
Total Stockholders’ Equity 297,997 308,089
Total Liabilities and Stockholders’ Equity 461,102 478,321
Non-voting common stock    
Stockholders’ Equity:    
Common stock, value
[1] Amounts derived from the audited consolidated financial statements for the year ended December 31, 2022.