Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

v3.20.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net loss $ (40,734) $ (34,126)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation, depletion and amortization 5,832 2,985
Amortization of debt issuance costs, discounts and fees 3,231 268
Share-based compensation 683 2,093
Share-based payments 111 0
Interest elected to be paid-in-kind 130 0
Gain on financial instruments not designated as hedges (101) 1,241
Other 1,163 (1,826)
Net changes in working capital (Note 14) 9,191 (3,670)
Net cash used in operating activities (20,494) (33,035)
Cash flows from investing activities:    
Development of natural gas properties (269) (21,502)
Deferred engineering costs 0 (6,000)
Purchase of property, plant and equipment 0 (1,366)
Net cash used in investing activities (269) (28,868)
Cash flows from financing activities:    
Proceeds from common stock issuance 13,324 0
Principal payments (2,000) 0
Tax payments for net share settlement of equity awards (Note 14) 0 (5,395)
Other (21) 0
Net cash provided by/(used in) financing activities 11,303 (5,395)
Net (decrease) increase in cash, cash equivalents and restricted cash (9,460) (67,298)
Cash, cash equivalents and restricted cash, beginning of period 68,482 183,589
Cash, cash equivalents and restricted cash, end of period 59,022 116,291
Supplementary disclosure of cash flow information:    
Interest paid $ 2,905 $ 1,171