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
 9 Months Ended
Sep. 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):
September 30, 2023 December 31, 2022
Prepaid expenses $ 1,908  $ 2,174 
Deposits 273  172 
Restricted cash 4,688  9,375 
Derivative asset, net current (Note 8)
 —  10,463 
Other current assets 6,214  1,171 
Total prepaid expenses and other current assets $ 13,083  $ 23,355 
Restricted Cash
Restricted cash as of September 30, 2023 and December 31, 2022 represent cash held in escrow under the terms of the purchase and sale agreement for the acquisition of certain natural gas assets in the Haynesville Shale.