| OTHER SUPPLEMENTAL INFORMATION |
NOTE 12 — OTHER SUPPLEMENTAL INFORMATION
Condensed Consolidated Balance Sheet Details
Prepaid expenses and other current assets consisted of the following (in thousands):
|
|
|
|
|
|
|
|
|
September 30, |
|
December 31, |
|
|
2025 |
|
2024 |
Derivatives |
|
$ |
546 |
|
$ |
868 |
Insurance/bond premiums |
|
|
8,902 |
|
|
6,988 |
Prepaid deposits related to royalties |
|
|
6,154 |
|
|
8,562 |
Prepayments to vendors |
|
|
1,314 |
|
|
1,586 |
Other |
|
|
590 |
|
|
500 |
Prepaid expenses and other current assets |
|
$ |
17,506 |
|
$ |
18,504 |
Accrued liabilities consisted of the following (in thousands):
|
|
|
|
|
|
|
|
|
September 30, |
|
December 31, |
|
|
2025 |
|
2024 |
Accrued interest |
|
$ |
6,353 |
|
$ |
13,472 |
Accrued salaries/payroll taxes/benefits |
|
|
8,493 |
|
|
11,623 |
Derivatives |
|
|
30 |
|
|
3,731 |
Operating lease liabilities |
|
|
1,740 |
|
|
1,522 |
Income taxes payable |
|
|
48 |
|
|
— |
Contingent P&A liability |
|
|
759 |
|
|
1,751 |
Other |
|
|
1,505 |
|
|
1,172 |
Total accrued liabilities |
|
$ |
18,928 |
|
$ |
33,271 |
Condensed Consolidated Statements of Cash Flows Information
Supplemental statements of cash flows information consisted of the following (in thousands):
|
|
|
|
|
|
|
|
|
September 30, |
|
December 31, |
|
|
2025 |
|
2024 |
Cash and cash equivalents |
|
$ |
124,795 |
|
$ |
109,003 |
Restricted cash |
|
|
1,552 |
|
|
1,552 |
Cash, cash equivalents and restricted cash |
|
|
126,347 |
|
|
110,555 |
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, |
|
|
2025 |
|
2024 |
Non-cash investing and financing activities: |
|
|
|
|
|
|
Accrual for investment in oil and natural gas properties |
|
|
5,942 |
|
|
5,258 |
Right of use asset obtained in exchange for new lease liabilities |
|
|
1,491 |
|
|
— |
ARO - acquisitions, additions, dispositions and revisions, net |
|
|
16,987 |
|
|
52,337 |
Government securities transferred to trustee in connection with legal defeasance |
|
|
5,348 |
|
|
— |
Legal defeasance of 11.75% Notes |
|
|
5,170 |
|
|
— |
Change in accrual for dividends declared but not paid on unvested share-based awards |
|
|
201 |
|
|
82 |
|