Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.19.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net loss $ (34,126) $ (25,184)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation, depletion and amortization 2,985 377
Amortization of debt issuance costs 268 0
Share-based compensation 2,093 1,294
Other (585) 0
Net changes in working capital (Note 13) (3,670) (435)
Net cash used in operating activities (33,035) (23,948)
Cash flows from investing activities:    
Development of natural gas properties (21,502) (257)
Deferred engineering costs (6,000) 0
Purchase of property - land (180) 0
Purchase of property, plant and equipment (1,186) (472)
Net cash used in investing activities (28,868) (729)
Cash flows from financing activities:    
Proceeds from issuance of common stock 0 15,000
Tax payments for net share settlement of equity awards (Note 13) (5,395) (5,583)
Equity offering costs 0 (526)
Net cash (used in) provided by financing activities (5,395) 8,891
Net decrease in cash, cash equivalents and restricted cash (67,298) (15,786)
Cash, cash equivalents and restricted cash, beginning of period 183,589 128,273
Cash, cash equivalents and restricted cash, end of period 116,291 112,487
Supplementary disclosure of cash flow information:    
Interest paid $ 1,171 $ 0