Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and equivalents $ 32,131 $ 40,221
Accounts receivable, net 4,555 5,101
Inventories 2,147 2,088
Prepaid expenses and other 4,488 3,516
Assets held for sale   2,486
Total current assets 43,321 53,412
Other long-term assets    
Property and equipment, net 429,897 446,674
Operating lease right-of-use assets, net 54,531 55,957
Finance lease right-of-use assets, net 305 976
Goodwill 19,477 19,477
Other intangible assets, net of accumulated amortization of $516 and $445 103,417 96,133
Deposits and other 589 705
Total Assets 651,537 673,334
Current liabilities    
Accounts payable 6,031 8,357
Capital expenditures payable 5,690 8,211
Accrued payroll and related 8,263 6,435
Accrued interest 13,933 14,270
Other accrued liabilities 30,048 24,260
Current portion of operating lease obligations 4,084 4,226
Current portion of finance lease obligations 1,011 1,610
Liabilities related to assets held for sale   86
Total current liabilities 69,060 67,455
Operating lease obligations, net of current portion 51,448 52,324
Finance lease obligations, net of current portion 791 1,095
Other long-term liabilities, net of current portion 36,293 37,328
Long-term debt, net 467,474 468,139
Deferred income taxes, net 2,057 1,946
Contract liabilities, net of current portion 3,203 4,550
Total liabilities 630,326 632,837
Commitments and contingencies (Note 9)
Stockholders' equity    
Common stock, $0.0001 par value, 100,000,000 shares authorized; 36,111,498 and 35,648,668 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 4 4
Additional paid-in capital 116,643 115,781
Accumulated deficit (95,436) (75,288)
Total stockholders' equity 21,211 40,497
Total liabilities and stockholders' equity $ 651,537 $ 673,334