Quarterly report pursuant to Section 13 or 15(d)

PREPAID EXPENSES AND OTHER CURRENT ASSETS

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PREPAID EXPENSES AND OTHER CURRENT ASSETS
 6 Months Ended
Jun. 30, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
PREPAID EXPENSES AND OTHER CURRENT ASSETS
NOTE 2 — PREPAID EXPENSES AND OTHER CURRENT ASSETS
Prepaid expenses and other current assets consist of the following (in thousands):
June 30, 2023 December 31, 2022
Prepaid expenses $ 1,957  $ 2,174 
Deposits 273  172 
Restricted cash 9,375  9,375 
Derivative asset, net current (Note 5)
 —  10,463 
Other current assets 6,095  1,171 
Total prepaid expenses and other current assets $ 17,700  $ 23,355 
Restricted CashRestricted cash as of June 30, 2023 and December 31, 2022 consists of approximately $9.4 million held in escrow under the terms of the purchase and sale agreement for the acquisition of certain natural gas assets in the Haynesville Shale.