Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Total revenue $ 50,935 $ 146,940
Operating costs and expenses:    
Operating expenses 17,445 4,165
Development expenses 12,057 17,665
Depreciation, depletion and amortization 22,187 4,021
General and administrative expenses 32,250 32,325
Total operating costs and expenses 83,939 189,838
Loss from operations (33,004) (42,898)
Interest expense, net (4,010) (2,280)
Loss on extinguishment of debt, net (2,822) 0
Other income (expense), net 12,343 (21,428)
Loss before income taxes (27,493) (66,606)
Income tax 0 0
Net loss $ (27,493) $ (66,606)
Net loss per common share:    
Basic (in dollars per share) [1] $ (0.05) $ (0.14)
Diluted (in dollars per share) [1] $ (0.05) $ (0.14)
Weighted-average shares outstanding:    
Basic (in shares) 537,734 491,337
Diluted (in shares) 537,734 491,337
Natural gas sales    
Revenues:    
Total revenue $ 50,935 $ 25,989
LNG sales    
Revenues:    
Total revenue 0 120,951
Operating costs and expenses:    
LNG cost of sales $ 0 $ 131,662
[1] (1) The numerator for both basic and diluted loss per share is net loss. The denominator for both basic and diluted loss per share is the weighted-average shares outstanding during the period.