Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (Unaudited)

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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and equivalents $ 35,501 $ 56,589
Restricted cash 78,078 134,587
Accounts receivable, net of reserves of $216 and $249 6,136 4,082
Inventories 1,868 1,479
Prepaid expenses and other 5,928 6,184
Total current assets 127,511 202,921
Other long-term assets    
Property and equipment, net 410,496 339,057
Operating lease right-of-use assets, net 46,293 15,771
Finance lease right-of-use assets, net 2,979 3,808
Goodwill 21,286 21,286
Other intangible assets, net 61,103 10,869
Deposits and other 1,466 1,617
Total Assets 671,134 595,329
Current liabilities    
Accounts payable 6,459 4,602
Construction payable 25,890 30,279
Accrued payroll and related 3,247 3,784
Accrued interest 13,867 12,966
Other accrued liabilities 11,759 9,964
Current portion of operating lease obligations 3,588 2,485
Current portion of finance lease obligation 1,605 1,581
Total current liabilities 66,415 65,661
Operating lease obligations, net of current portion 42,902 13,418
Finance lease obligations, net of current portion 3,756 4,727
Long-term debt, net 463,654 401,852
Deferred income taxes, net 1,550 1,024
Contract liabilities, net of current portion 8,524 8,856
Total liabilities 586,801 495,538
Commitments and contingencies (Note 6)
Stockholders' equity    
Common stock, $0.0001 par value, 100,000,000 shares authorized; 35,302,549 and 35,302,549 shares issued and 34,577,688 and 34,407,654 shares outstanding 4 4
Additional paid-in capital 111,940 110,590
Treasury stock, 724,861 and 894,895 common shares (884) (1,091)
Accumulated deficit (26,727) (9,712)
Total stockholders' equity 84,333 99,791
Total liabilities and stockholders' equity $ 671,134 $ 595,329