Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Apr. 09, 2016
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net loss   $ (231,459) $ (96,655)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation, depletion and amortization   479 69
Goodwill impairment   77,592 0
Loss on disposal of assets   0 185
Provision for income tax benefit   0 (170)
(Gain) loss on Series A convertible preferred stock exchange feature   (2,209) 3,308
Gain on sale of securities   (3,481) 0
Share-based compensation   23,019 24,495
Share-based payments   19,397 0
Net changes in working capital (Note 13)   7,433 18,338
Net cash used in operating activities   (109,229) (50,430)
Cash flows from investing activities:      
Cash received in acquisition   56 210
Acquisition of natural gas properties   (90,099) 0
Deferred engineering costs   (9,000) 0
Purchase of property - land   0 (9,491)
Purchase of property and equipment   (1,114) (1,225)
Proceeds from sale of available-for-sale securities   4,592 0
Net cash used in investing activities   (95,565) (10,506)
Cash flows from financing activities:      
Proceeds from the issuance of common stock   318,204 59,015
Tax payments for net share settlement of equity awards   (828) 0
Proceeds from the issuance of preferred stock   0 25,000
Equity offering costs   (5,707) (1,681)
Net cash provided by financing activities   311,669 82,334
Net increase (decrease) in cash and cash equivalents   106,875 21,398
Cash and cash equivalents, beginning of period $ 0 21,398 0
Cash and cash equivalents, end of period   $ 128,273 21,398
Predecessor      
Cash flows from operating activities:      
Net loss (638)    
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation, depletion and amortization 8    
Goodwill impairment 0    
Loss on disposal of assets 3    
Provision for income tax benefit 0    
(Gain) loss on Series A convertible preferred stock exchange feature 0    
Gain on sale of securities 0    
Share-based compensation 0    
Share-based payments 0    
Net changes in working capital (Note 13) 516    
Net cash used in operating activities (111)    
Cash flows from investing activities:      
Cash received in acquisition 0    
Acquisition of natural gas properties 0    
Deferred engineering costs 0    
Purchase of property - land 0    
Purchase of property and equipment (268)    
Proceeds from sale of available-for-sale securities 0    
Net cash used in investing activities (268)    
Cash flows from financing activities:      
Proceeds from the issuance of common stock 0    
Tax payments for net share settlement of equity awards 0    
Proceeds from the issuance of preferred stock 0    
Equity offering costs 0    
Net cash provided by financing activities 0    
Net increase (decrease) in cash and cash equivalents (379)    
Cash and cash equivalents, beginning of period 589   $ 589
Cash and cash equivalents, end of period $ 210