Current report filing

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v3.22.4
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Total revenue $ 71,275 $ 37,434 $ 28,774
Operating costs and expenses:      
Cost of sales 36,438 17,223 7,071
Development expenses 50,186 27,492 59,629
Depreciation, depletion and amortization 11,481 17,228 20,446
General and administrative expenses 85,903 47,349 87,487
Impairment charges 0 81,065 0
Severance and reorganization charges 0 6,359 0
Related party charges (Note 8) 0 7,357 0
Total operating costs and expenses 184,008 204,073 174,633
Loss from operations (112,733) (166,639) (145,859)
Interest expense, net (9,378) (43,445) (16,355)
Gain on extinguishment of debt, net 1,422 0 0
Other (expense) income, net 5,951 (612) 10,447
Total loss before income taxes (114,738) (210,696) (151,767)
Income tax benefit (provision) 0 0 0
Net loss $ (114,738) $ (210,696) $ (151,767)
Net loss per common share:      
Basic (in dollars per share) $ (0.28) $ (0.79) $ (0.69)
Diluted (in dollars per share) $ (0.28) $ (0.79) $ (0.69)
Weighted average shares outstanding:      
Basic (in shares) 407,615 267,615 218,548
Diluted (in shares) 407,615 267,615 218,548
Natural gas sales      
Revenues:      
Total revenue $ 51,499 $ 30,441 $ 28,774
LNG sales      
Revenues:      
Total revenue $ 19,776 $ 6,993 $ 0