10-Q Filing

Montauk Renewables, Inc. CIK: 1826600 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001193125-22-216242`
Period End Date	20220630
Filing Date	20220809
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	d364891d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 84 Cash Flow Statement 77 Stockholders Equity 23

Balance Sheet 91 line items

Line Item	Tag	Value	Unit	Period
Common stock par or stated value per share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock par or stated value per share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	690.00M	shares	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	690.00M	shares	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	143.58M	shares	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	143.60M	shares	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	141.02M	shares	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	141.29M	shares	Point-in-time
Treasury stock shares	`TreasuryStockShares`	950,214.00	shares	Point-in-time
Treasury stock shares	`TreasuryStockShares`	959,344.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.35M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$72.19M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$53.27M	USD	Point-in-time
Accounts and other receivables	`AccountsAndOtherReceivablesNetCurrent`	$24.00M	USD	Point-in-time
Accounts and other receivables	`AccountsAndOtherReceivablesNetCurrent`	$9.34M	USD	Point-in-time
Related party receivable	`NotesReceivableRelatedParties`	$8.94M	USD	Point-in-time
Related party receivable	`NotesReceivableRelatedParties`	$8.94M	USD	Point-in-time
Current portion of derivative instrument	`DerivativeAssetsCurrent`	$277.00K	USD	Point-in-time
Current portion of derivative instrument	`DerivativeAssetsCurrent`	-	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.85M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.56M	USD	Point-in-time
Assets held for sale	`AssetHeldForSale`	$777.00K	USD	Point-in-time
Assets held for sale	`AssetHeldForSale`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$110.97M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$75.17M	USD	Point-in-time
Restricted cashnon-current	`RestrictedCashNoncurrent`	$573.00K	USD	Point-in-time
Restricted cashnon-current	`RestrictedCashNoncurrent`	$328.00K	USD	Point-in-time
Restricted cashnon-current	`RestrictedCashNoncurrent`	$328.00K	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$180.89M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$176.08M	USD	Point-in-time
Goodwill and intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$13.66M	USD	Point-in-time
Goodwill and intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$14.11M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$10.57M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$6.78M	USD	Point-in-time
Non-current portion of derivative instrument	`DerivativeAssetsNoncurrent`	-	USD	Point-in-time
Non-current portion of derivative instrument	`DerivativeAssetsNoncurrent`	$536.00K	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$305.00K	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$203.00K	USD	Point-in-time
Finance lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	-	USD	Point-in-time
Finance lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$139.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.56M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.10M	USD	Point-in-time
Total assets	`Assets`	$251.65M	USD	Point-in-time
Total assets	`Assets`	$314.25M	USD	Point-in-time
Total assets	`Assets`	$286.48M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.48M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.97M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$17.85M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$10.82M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$134.00K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Current portion of operating lease liability	`OperatingLeaseLiabilityCurrent`	$156.00K	USD	Point-in-time
Current portion of operating lease liability	`OperatingLeaseLiabilityCurrent`	$296.00K	USD	Point-in-time
Current portion of finance lease liability	`FinanceLeaseLiabilityCurrent`	$76.00K	USD	Point-in-time
Current portion of finance lease liability	`FinanceLeaseLiabilityCurrent`	-	USD	Point-in-time
Current portion of derivative instrument	`DerivativeLiabilitiesCurrent`	$1.81M	USD	Point-in-time
Current portion of derivative instrument	`DerivativeLiabilitiesCurrent`	$650.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$7.83M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$7.82M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$24.56M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$32.33M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$71.39M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$67.47M	USD	Point-in-time
Non-current portion of operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$30.00K	USD	Point-in-time
Non-current portion of operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$27.00K	USD	Point-in-time
Non-current portion of finance lease liability	`FinanceLeaseLiabilityNoncurrent`	$61.00K	USD	Point-in-time
Non-current portion of finance lease liability	`FinanceLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Non-current portion of derivative instrument	`DerivativeLiabilitiesNoncurrent`	-	USD	Point-in-time
Non-current portion of derivative instrument	`DerivativeLiabilitiesNoncurrent`	$189.00K	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$5.30M	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$5.37M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.72M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$4.12M	USD	Point-in-time
Total liabilities	`Liabilities`	$104.19M	USD	Point-in-time
Total liabilities	`Liabilities`	$109.38M	USD	Point-in-time
Common stock, $0.01 par value, authorized 690,000,000 shares; 143,603,681 and 143,584,827 shares issued at June 30, 2022 and December 31, 2021, respectively; 141,290,748 and 141,015,213 shares outstanding at June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$1.41M	USD	Point-in-time
Common stock, $0.01 par value, authorized 690,000,000 shares; 143,603,681 and 143,584,827 shares issued at June 30, 2022 and December 31, 2021, respectively; 141,290,748 and 141,015,213 shares outstanding at June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$1.41M	USD	Point-in-time
Treasury stock, at cost, 959,344 and 950,214 shares June 30, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$10.81M	USD	Point-in-time
Treasury stock, at cost, 959,344 and 950,214 shares June 30, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$10.90M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$200.85M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$196.22M	USD	Point-in-time
Retained earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$-4.53M	USD	Point-in-time
Retained earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$13.51M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$164.74M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$162.62M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$182.29M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$183.42M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$159.62M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$204.87M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$314.25M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$286.48M	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Total operating revenues	`Revenues`	$67.88M	USD	1 Quarter
Total operating revenues	`Revenues`	$31.67M	USD	1 Quarter
Total operating revenues	`Revenues`	$100.06M	USD	2 Qtrs
Total operating revenues	`Revenues`	$63.12M	USD	2 Qtrs
Operating and maintenance expenses	`OperatingAndMaintenanceExpenses`	$14.87M	USD	1 Quarter
Operating and maintenance expenses	`OperatingAndMaintenanceExpenses`	$28.07M	USD	2 Qtrs
Operating and maintenance expenses	`OperatingAndMaintenanceExpenses`	$23.83M	USD	2 Qtrs
Operating and maintenance expenses	`OperatingAndMaintenanceExpenses`	$13.19M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$17.25M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$27.76M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$7.34M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$8.75M	USD	1 Quarter
Royalties, transportation, gathering and production fuel	`RoyaltiesTransportationGatheringAndProductionFuel`	$5.99M	USD	1 Quarter
Royalties, transportation, gathering and production fuel	`RoyaltiesTransportationGatheringAndProductionFuel`	$15.09M	USD	1 Quarter
Royalties, transportation, gathering and production fuel	`RoyaltiesTransportationGatheringAndProductionFuel`	$22.30M	USD	2 Qtrs
Royalties, transportation, gathering and production fuel	`RoyaltiesTransportationGatheringAndProductionFuel`	$12.20M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationAndAmortization`	$5.13M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationAndAmortization`	$5.66M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationAndAmortization`	$11.40M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationAndAmortization`	$10.29M	USD	2 Qtrs
Gain on insurance proceeds	`GainOnInsuranceProceeds`	$313.00K	USD	2 Qtrs
Gain on insurance proceeds	`GainOnInsuranceProceeds`	-	USD	1 Quarter
Gain on insurance proceeds	`GainOnInsuranceProceeds`	$82.00K	USD	2 Qtrs
Gain on insurance proceeds	`GainOnInsuranceProceeds`	-	USD	1 Quarter
Impairment loss	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment loss	`AssetImpairmentCharges`	$69.00K	USD	1 Quarter
Impairment loss	`AssetImpairmentCharges`	$626.00K	USD	2 Qtrs
Impairment loss	`AssetImpairmentCharges`	$120.00K	USD	2 Qtrs
Transaction costs	`TransactionCosts`	$125.00K	USD	2 Qtrs
Transaction costs	`TransactionCosts`	$32.00K	USD	2 Qtrs
Transaction costs	`TransactionCosts`	$37.00K	USD	1 Quarter
Transaction costs	`TransactionCosts`	$5.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$77.74M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$43.92M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$32.21M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$75.86M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-537.00K	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-12.74M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$22.31M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$23.96M	USD	1 Quarter
Interest expense	`InterestExpense`	$303.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$720.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$271.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.37M	USD	2 Qtrs
Net loss (gain) on sale of fixed assets	`GainLossOnDispositionOfAssets1`	$-22.00K	USD	1 Quarter
Net loss (gain) on sale of fixed assets	`GainLossOnDispositionOfAssets1`	$293.00K	USD	2 Qtrs
Net loss (gain) on sale of fixed assets	`GainLossOnDispositionOfAssets1`	$-22.00K	USD	2 Qtrs
Net loss (gain) on sale of fixed assets	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Other (income) expense	`OtherNonoperatingIncomeExpense`	$40.00K	USD	2 Qtrs
Other (income) expense	`OtherNonoperatingIncomeExpense`	$12.00K	USD	1 Quarter
Other (income) expense	`OtherNonoperatingIncomeExpense`	$25.00K	USD	1 Quarter
Other (income) expense	`OtherNonoperatingIncomeExpense`	$-23.00K	USD	2 Qtrs
Total other expenses (income)	`NonoperatingIncomeExpense`	$-1.41M	USD	2 Qtrs
Total other expenses (income)	`NonoperatingIncomeExpense`	$-246.00K	USD	1 Quarter
Total other expenses (income)	`NonoperatingIncomeExpense`	$-730.00K	USD	1 Quarter
Total other expenses (income)	`NonoperatingIncomeExpense`	$30.00K	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-14.15M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.27M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$23.72M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$22.34M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$4.77M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$3.38M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.31M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$4.57M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$19.15M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$18.04M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-4.65M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-18.92M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.13	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.13	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.13	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.13	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	141.02M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	141.09M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	141.02M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	141.13M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	141.02M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	142.22M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	142.46M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	141.02M	shares	1 Quarter

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$19.15M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$18.04M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-4.65M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-18.92M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$10.29M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$11.40M	USD	2 Qtrs
Provision for deferred income taxes	`ProvisionBenefitForDeferredIncomeTaxes`	$-3.79M	USD	2 Qtrs
Provision for deferred income taxes	`ProvisionBenefitForDeferredIncomeTaxes`	$-4.26M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.63M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$17.14M	USD	2 Qtrs
Derivative mark-to-market adjustments and settlements	`DerivativeMarkToMarketAndSettlements`	$724.00K	USD	2 Qtrs
Derivative mark-to-market adjustments and settlements	`DerivativeMarkToMarketAndSettlements`	$-156.00K	USD	2 Qtrs
Gain on property insurance proceeds	`GainOnPropertyInsuranceProceeds`	$82.00K	USD	2 Qtrs
Gain on property insurance proceeds	`GainOnPropertyInsuranceProceeds`	$313.00K	USD	2 Qtrs
Earn out increase	`EarnOutLiabilityIncrease`	$1.40M	USD	2 Qtrs
Earn out increase	`EarnOutLiabilityIncrease`	-	USD	2 Qtrs
Net (gain) loss on sale of assets	`GainsLossesOnSalesOfAssets`	$-22.00K	USD	2 Qtrs
Net (gain) loss on sale of assets	`GainsLossesOnSalesOfAssets`	$293.00K	USD	2 Qtrs
Accretion of asset retirement obligations	`AccretionOfAssetRetirementObligations`	$160.00K	USD	Annual
Accretion of asset retirement obligations	`AccretionOfAssetRetirementObligations`	$-127.00K	USD	2 Qtrs
Accretion of asset retirement obligations	`AccretionOfAssetRetirementObligations`	$-215.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$104.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$271.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$212.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$133.00K	USD	1 Quarter
Impairment loss	`ImpairmentLoss`	$-626.00K	USD	2 Qtrs
Impairment loss	`ImpairmentLoss`	$-120.00K	USD	2 Qtrs
Accounts and other receivables and other current assets	`IncreaseDecreaseInAccountsAndOtherReceivables`	$3.55M	USD	2 Qtrs
Accounts and other receivables and other current assets	`IncreaseDecreaseInAccountsAndOtherReceivables`	$17.99M	USD	2 Qtrs
Accounts payable and other accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$590.00K	USD	2 Qtrs
Accounts payable and other accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.60M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$26.77M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$11.24M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$5.15M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$4.47M	USD	2 Qtrs
Asset acquisition	`PaymentToAcquirePropertyPlantAndEquipment`	-	USD	2 Qtrs
Asset acquisition	`PaymentToAcquirePropertyPlantAndEquipment`	$4.14M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$8.00K	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$1.09M	USD	2 Qtrs
Proceeds from insurance recovery	`ProceedsFromInsuranceReceivedForLossOfEquipment`	$82.00K	USD	2 Qtrs
Proceeds from insurance recovery	`ProceedsFromInsuranceReceivedForLossOfEquipment`	$313.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.75M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.52M	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$5.00M	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$4.00M	USD	2 Qtrs
Proceeds from initial public offering	`ProceedsFromIssuanceInitialPublicOffering`	$15.59M	USD	2 Qtrs
Proceeds from initial public offering	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	2 Qtrs
Treasury stock purchase	`PaymentsForRepurchaseOfEquity`	$91.00K	USD	2 Qtrs
Treasury stock purchase	`PaymentsForRepurchaseOfEquity`	$10.81M	USD	2 Qtrs
Loan to Montauk Holdings Limited	`PaymentsForProceedsFromLoansReceivable`	-	USD	2 Qtrs
Loan to Montauk Holdings Limited	`PaymentsForProceedsFromLoansReceivable`	$7.14M	USD	2 Qtrs
Finance lease payments	`FinanceLeasePrincipalPayments`	-	USD	2 Qtrs
Finance lease payments	`FinanceLeasePrincipalPayments`	$4.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.09M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.36M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$18.93M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.64M	USD	2 Qtrs
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$53.61M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.56M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.54M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.92M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$53.61M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.56M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.54M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.35M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$72.19M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$53.27M	USD	Point-in-time
Restricted cash and cash equivalents - current	`RestrictedCashCurrent`	$19.00K	USD	Point-in-time
Restricted cash and cash equivalents - current	`RestrictedCashCurrent`	-	USD	Point-in-time
Restricted cash and cash equivalents - non-current	`RestrictedCashNoncurrent`	$573.00K	USD	Point-in-time
Restricted cash and cash equivalents - non-current	`RestrictedCashNoncurrent`	$328.00K	USD	Point-in-time
Restricted cash and cash equivalents - non-current	`RestrictedCashNoncurrent`	$328.00K	USD	Point-in-time
Reconciliation of cash, cash equivalents, and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$53.61M	USD	Point-in-time
Reconciliation of cash, cash equivalents, and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.56M	USD	Point-in-time
Reconciliation of cash, cash equivalents, and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.54M	USD	Point-in-time
Reconciliation of cash, cash equivalents, and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.92M	USD	Point-in-time

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$164.74M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$162.62M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$182.29M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$183.42M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$159.62M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$204.87M	USD	Point-in-time
IPO common stock	`StockIssuedDuringPeriodValueNewIssues`	$15.59M	USD	2 Qtrs
Treasury stock	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$-91.00K	USD	2 Qtrs
Treasury stock	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$-10.81M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$19.15M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$18.04M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-4.65M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-18.92M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.14M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.54M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.63M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.30M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$164.74M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$162.62M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$182.29M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$183.42M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$159.62M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$204.87M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.