Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.10.0.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 12 Months Ended
Apr. 09, 2016
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:        
Total revenue   $ 10,286 $ 5,441 $ 0
Related party   0 0 0
Operating costs and expenses:        
Cost of sales   6,115 7,565 0
Development expenses   44,034 59,498 47,146
Depreciation, depletion and amortization   1,567 479 69
General and administrative expenses   81,777 98,874 46,515
Impairment charge and loss on transfer of assets $ 0 4,513 0 0
Goodwill impairment   0 77,592 0
Total operating costs and expenses   138,006 244,008 93,730
Loss from operations   (127,720) (238,567) (93,730)
Gain (loss) on preferred stock exchange feature   0 2,209 (3,308)
Interest income, net 0 1,574 1,022 0
Other income, net   211 4,062 217
Loss before income taxes   (125,935) (231,274) (96,821)
Income tax benefit (provision)   190 (185) 166
Net loss   $ (125,745) $ (231,459) $ (96,655)
Net loss per common share:        
Basic and diluted (in dollars per share)   $ (0.59) $ (1.23) $ (1.01)
Weighted average shares outstanding:        
Basic and diluted (in shares)   211,574 188,536 95,795
Predecessor        
Revenues:        
Total revenue 31      
Related party 31      
Operating costs and expenses:        
Cost of sales 0      
Development expenses 44      
Depreciation, depletion and amortization 8      
General and administrative expenses 617      
Impairment charge and loss on transfer of assets 0      
Goodwill impairment 0      
Total operating costs and expenses 669      
Loss from operations (638)      
Gain (loss) on preferred stock exchange feature 0      
Other income, net 0      
Loss before income taxes (638)      
Income tax benefit (provision) 0      
Net loss (638)      
Natural gas sales        
Revenues:        
Total revenue   $ 4,423 $ 503 $ 0
Natural gas sales | Predecessor        
Revenues:        
Total revenue 0      
LNG sales        
Revenues:        
Total revenue   2,689 3,273 0
LNG sales | Predecessor        
Revenues:        
Total revenue 0      
Other LNG revenue        
Revenues:        
Total revenue   $ 3,174 $ 1,665 $ 0
Other LNG revenue | Predecessor        
Revenues:        
Total revenue $ 0