Current report filing

CONSOLIDATED STATEMENTS OF CASH FLOWS

v3.22.4
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net loss $ (114,738) $ (210,696) $ (151,767)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation, depletion and amortization 11,481 17,228 20,446
Amortization of debt issuance costs, discounts and fees 3,102 28,741 10,148
Share-based compensation 5,950 2,699 4,238
Severance and reorganization charges 0 2,689 0
Share-based payments 200 562 869
Interest elected to be paid-in-kind 508 3,317 0
Impairment charge and loss on transfer of assets 0 81,065 0
Gain on sale of assets 0 0 (4,218)
Unrealized loss (gain) on financial instruments not designated as hedges (8,693) 2,618 (3,443)
Net gain on extinguishment of debt (1,422) 0 0
Other 1,035 3,378 (459)
Net changes in working capital (Note 18) 41,017 (1,566) 11,178
Net cash used in operating activities (61,560) (69,965) (113,008)
Cash flows from investing activities:      
Acquisition and development of natural gas properties (32,364) (1,307) (45,354)
Payment of engineering services (15,208) 0 (25,997)
Proceeds from sale of assets 0 0 8,140
Purchase of property and equipment (10,293) 0 (2,732)
Net cash used in investing activities (57,865) (1,307) (65,943)
Cash flows from financing activities:      
Proceeds from common stock issuances 421,809 103,664 0
Equity issuance costs (13,955) (3,989) 0
Proceeds from borrowings 56,500 50,000 75,000
Borrowings issuance costs (2,854) (2,612) (2,246)
Borrowings principal repayments (119,725) (60,100) 0
Proceeds from warrant exercise 8,177 1,000 0
Tax payments for net share settlements of equity awards (Note 18) (3,064) (1,659) (6,686)
Finance lease principal payments (1,926) (1,777) (2,224)
Net cash provided by financing activities 344,962 84,527 63,844
Net increase (decrease) in cash, cash equivalents and restricted cash 225,537 13,255 (115,107)
Cash, cash equivalents and restricted cash, beginning of period 81,737 68,482 183,589
Cash, cash equivalents and restricted cash, end of period 307,274 81,737 68,482
Supplementary disclosure of cash flow information:      
Interest paid $ 4,105 $ 11,025 $ 8,414