Quarterly report pursuant to Section 13 or 15(d)

LIQUIDITY - Narrative (Details)

v3.24.3
LIQUIDITY - Narrative (Details)
$ in Thousands
 1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Jun. 25, 2024
USD ($)
bbl
shares
Apr. 13, 2023
USD ($)
Jun. 30, 2024
USD ($)
bbl
Sep. 30, 2024
USD ($)
Sep. 30, 2023
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2023
USD ($)
Dec. 31, 2023
USD ($)
Nov. 15, 2024
USD ($)
Nov. 14, 2024
USD ($)
Oct. 21, 2024
USD ($)
Mar. 31, 2024
USD ($)
Jan. 31, 2024
USD ($)
Jun. 30, 2023
USD ($)
Mar. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Notes to Financial Statements [Line Items]                                
Operating loss       $ 50,553 $ 19,862 $ 104,058 $ 63,155                  
Net income           30,400                    
Accumulated deficit       95,657   95,657   $ 261,691                
Gain on extinguishment of debt       0 0 163,566 0                  
Working capital       805,600   805,600                    
Stockholders' equity     $ 88,509 13,252 $ (95,880) 13,252 $ (95,880) (129,184)       $ (163,192)   $ (74,195) $ (52,494) $ (28,208)
EPC deferred payment       696,024   696,024   602,229               $ 126,615
Accrued liabilities       29,516   $ 29,516   17,087                
Contractual obligation                         $ 30,800      
ExxonMobil Renewables                                
Notes to Financial Statements [Line Items]                                
Number of shares issued in transaction (in shares) | shares 125,000                              
Unpaid dividends $ 51,500                              
On or After November 15, 2024 | Subsequent Event                                
Notes to Financial Statements [Line Items]                                
Minimum debt required to maintained                 $ 470,000              
On or After June 30, 2025 | Subsequent Event                                
Notes to Financial Statements [Line Items]                                
Minimum debt required to maintained                 370,000              
Tranche D                                
Notes to Financial Statements [Line Items]                                
Multiple on invested capital           1.35                    
Additional payment of debt       380,900   $ 380,900                    
Working capital facility     $ 75,000                          
Revolving credit facility advance rate     90.00%                          
Revolving credit facility mature period 36 months   36 months                          
Revolving credit facility feedstock | bbl 5,000   5,000                          
Revolving credit facility feedstock period 5 days   5 days                          
Revolving Credit Facility | The Facility Member | Line of Credit                                
Notes to Financial Statements [Line Items]                                
Line of credit facility, remaining borrowing capacity       59,700   59,700                    
Revolving Credit Facility | The Facility Member | Line of Credit | Subsequent Event                                
Notes to Financial Statements [Line Items]                                
Line of credit facility, remaining borrowing capacity                   $ 47,500            
Tranche B Loans | ExxonMobil Renewables                                
Notes to Financial Statements [Line Items]                                
Unpaid dividends $ 8,200                              
Tranche B Loans | Series C Preferred Stock                                
Notes to Financial Statements [Line Items]                                
Outstanding shares $ 28,200                              
Engineering Procurement and Construction Agreement                                
Notes to Financial Statements [Line Items]                                
Litigation settlement, amount awarded from other party   $ 550,000       760,000                    
EPC deferred payment       9,200   9,200                    
Accrued liabilities       436,500   436,500   372,600                
Contingent accrued interest           36,500   $ 8,900                
EPC deferred payment, contingent amount       254,200   254,200                    
Engineering Procurement and Construction Agreement | Subsequent Event                                
Notes to Financial Statements [Line Items]                                
Amount of obligations                     $ 17,800          
Senior Credit Agreement                                
Notes to Financial Statements [Line Items]                                
Revolving credit facility       714,200   714,200                    
Line of credit facility, remaining borrowing capacity       25,000   25,000                    
Additional cash eligible for interest payments       203,500   203,500                    
Current maturities of long-term debt       550,900   550,900                    
Senior Credit Agreement | Administrative Agent                                
Notes to Financial Statements [Line Items]                                
Revolving credit facility       5,000   5,000                    
Senior Credit Agreement | Subsequent Event                                
Notes to Financial Statements [Line Items]                                
Revolving credit facility                   $ 9,700            
Senior Credit Agreement | Tranche D                                
Notes to Financial Statements [Line Items]                                
Additional cash eligible for interest payments       $ 173,700   $ 173,700                    
Senior Credit Agreement | Tranche D | Subsequent Event                                
Notes to Financial Statements [Line Items]                                
Commitment to raise capital                 10,000              
Additional commitment to raise capital                 $ 170,000