| ADDITIONAL CASH FLOW INFORMATION |
NOTE 16 — ADDITIONAL CASH FLOW INFORMATION
The following table provides information regarding the net changes in working capital (in thousands):
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|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended June 30, |
|
2024 |
|
2023 |
| Accounts receivable |
$ |
2,069 |
|
|
$ |
61,000 |
|
Prepaid expenses and other current assets 1
|
6,534 |
|
|
(6,370) |
|
| Accounts payable |
13,940 |
|
|
28,482 |
|
|
|
|
|
Accrued liabilities 1
|
(38,708) |
|
|
(45,458) |
|
|
|
|
|
| Net changes in working capital |
$ |
(16,165) |
|
|
$ |
37,654 |
|
1 Excludes changes in the Company’s derivative assets and liabilities.
The following table provides supplemental disclosure of cash flow information (in thousands):
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|
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|
|
|
|
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Six Months Ended June 30, |
|
2024 |
|
2023 |
| Non-cash accruals of property, plant and equipment and other non-current assets |
$ |
(22,499) |
|
|
$ |
9,406 |
|
| Non-cash Share Coupon settlement |
15,164 |
|
|
— |
|
| Non-cash settlement of Senior Notes principal, net |
26,090 |
|
|
— |
|
| Non-cash settlement of Senior Notes accrued interest |
7,500 |
|
|
— |
|
|
|
|
|
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Condensed Consolidated Balance Sheets that sum to the total of such amounts shown in the Condensed Consolidated Statements of Cash Flows (in thousands):
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|
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|
|
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Six Months Ended June 30, |
|
2024 |
|
2023 |
|
|
|
|
|
|
|
|
| Cash and cash equivalents |
19,152 |
|
|
106,706 |
|
| Current restricted cash |
— |
|
|
9,375 |
|
| Non-current restricted cash — finance leases |
27,750 |
|
|
24,895 |
|
| Non-current restricted cash — debt collateral |
35,034 |
|
|
— |
|
| Total cash, cash equivalents and restricted cash per the statements of cash flows |
$ |
81,936 |
|
|
$ |
140,976 |
|
|