Annual report pursuant to Section 13 and 15(d)

PREPAID EXPENSES AND OTHER CURRENT ASSETS

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PREPAID EXPENSES AND OTHER CURRENT ASSETS
 12 Months Ended
Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
PREPAID EXPENSES AND OTHER CURRENT ASSETS
NOTE 3 — PREPAID EXPENSES AND OTHER CURRENT ASSETS
    Prepaid expenses and other current assets consist of the following (in thousands):
December 31,
2023 2022
Prepaid expenses $ 1,788  $ 2,174 
Restricted cash 4,688  9,375 
Derivative asset, net - current (Note 9)
 —  10,463 
Upstream pipe 4,278  978 
Deposits and other current assets 5,197  365 
Total prepaid expenses and other current assets $ 15,951  $ 23,355 
Restricted Cash
Restricted cash as of December 31, 2023 and December 31, 2022 represents 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. See Note 4, Property, Plant and Equipment, for further information.