Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and equivalents $ 36,155 $ 56,589
Restricted cash 37,639 134,587
Accounts receivable, net of provision for credit losses of $1,189 and $249 5,332 4,082
Inventories 1,839 1,479
Prepaid expenses and other 3,674 6,184
Total current assets 84,639 202,921
Other long-term assets    
Property and equipment, net 457,907 339,057
Operating lease right-of-use assets, net 44,704 15,771
Finance lease right-of-use assets, net 2,318 3,808
Goodwill 21,286 21,286
Other intangible assets, net 76,271 10,869
Deposits and other 1,332 1,617
Total Assets 688,457 595,329
Current liabilities    
Accounts payable 12,794 4,602
Income taxes payable 489 0
Construction payable 20,667 30,279
Accrued payroll and related 4,097 3,784
Accrued interest 14,248 12,966
Other accrued expenses and current liabilities 19,779 9,964
Current portion of operating lease obligations 4,784 2,485
Current portion of finance lease obligation 1,694 1,581
Total current liabilities 78,552 65,661
Operating lease obligations, net of current portion 40,248 13,418
Finance lease obligations, net of current portion 2,705 4,727
Other long-term liabilities, net of current portion 16,075 0
Long-term debt, net 465,153 401,852
Deferred income taxes, net 1,684 1,024
Contract liabilities, net of current portion 6,192 8,856
Total liabilities 610,609 495,538
Commitments and contingencies (Note 9)
Stockholders' equity    
Common stock, $0.0001 par value, 100,000,000 shares authorized; 35,302,549 and 35,302,549 shares issued and 34,590,150 and 34,407,654 shares outstanding 4 4
Additional paid-in capital 113,329 110,590
Treasury stock, 712,399 and 894,895 common shares (869) (1,091)
Accumulated deficit (34,616) (9,712)
Total stockholders' equity 77,848 99,791
Total liabilities and stockholders' equity $ 688,457 $ 595,329