| Dec'19 | Dec'18 | Dec'17 | ||||
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net loss | ||||||
-196,316 | -78,182 | -31,671 | ||||
Adjustments for: | ||||||
Amortization of deferred financing costs | ||||||
5,873 | 4,023 | 696 | ||||
Depreciation and amortization | ||||||
8,641 | 4,034 | 3,214 | ||||
Gain (loss) on extinguishment of debt, non cash portion. | ||||||
0 | -3,188 | 0 | ||||
Deferred taxes | ||||||
392 | -345 | 521 | ||||
Change in value of Investment in equity securities | ||||||
-1,116 | 0 | 0 | ||||
Share-based compensation | ||||||
41,205 | 0 | 0 | ||||
Loss on mitigation sales. | ||||||
-2,622 | 0 | 0 | ||||
Other | ||||||
-131 | -439 | -1,342 | ||||
Decrease (Increase) in receivables | ||||||
19,754 | 9,516 | 3,114 | ||||
Decrease (Increase) in inventories | ||||||
50,345 | 4,807 | 3,496 | ||||
(Increase) Decrease in other assets | ||||||
39,344 | 28,338 | 21,738 | ||||
Increase in accounts payable/accrued liabilities | ||||||
3,036 | 12,232 | -110 | ||||
(Decrease) Increase in amounts due to affiliates | ||||||
5,771 | 2,390 | 894 | ||||
(Decrease) in other liabilities | ||||||
10,714 | 1,655 | -1,430 | ||||
Net cash used in operating activities | ||||||
-234,261 | -93,227 | -54,892 | ||||
Cash flows from investing activities | ||||||
Purchase of investment in equity securities | ||||||
0 | 0 | 1,667 | ||||
Capital expenditures | ||||||
377,051 | 181,151 | 28,727 | ||||
Principal payments received on finance lease, net | ||||||
887 | 724 | 536 | ||||
Acquisition of consolidated subsidiary | ||||||
0 | 4,028 | 0 | ||||
Net cash used in investing activities | ||||||
-376,164 | -184,455 | -29,858 | ||||
Cash flows from financing activities | ||||||
Proceeds from borrowings of debt | ||||||
347,856 | 280,600 | 0 | ||||
Payment of deferred financing costs | ||||||
8,259 | 14,026 | 0 | ||||
Repayment of debt | ||||||
5,000 | 76,520 | 5,828 | ||||
Proceeds from IPO | ||||||
274,948 | 0 | 0 | ||||
Repayment of affiliate note | ||||||
0 | 0 | 120 | ||||
Capital contributed from Members | ||||||
0 | 20,150 | 20,100 | ||||
Payment of offering costs | ||||||
6,938 | 0 | 192 | ||||
The cash inflow associated with collection of subscription receivable. | ||||||
0 | 50,000 | 0 | ||||
Net cash provided by financing activities | ||||||
602,607 | 260,204 | 13,960 | ||||
Net increase in cash, cash equivalents and restricted cash | ||||||
-7,818 | -17,478 | -70,790 | ||||
Supplemental disclosure of non-cash investing and financing activities: | ||||||
The changes in accounts payable and accrued liabilities associated with construction in progress and property, plant and equipment additions reported in supplemental disclosure of non-cash investing and financing activities. | ||||||
-48,150 | 74,280 | 7,997 | ||||
Cash paid for interest, net of capitalized interest | ||||||
6,765 | 7,515 | 5,725 | ||||
Cash paid for taxes | ||||||
28 | 0 | 5 | ||||