Cadiz (CDZI) 10-Q13 Nov 232023 Q3 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
Document And Entity Information - shares	Sep. 30, 2023	Nov. 08, 2023
Document Information [Line Items]
Entity Central Index Key	0000727273
Entity Registrant Name	CADIZ INC
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2023
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2023
Document Transition Report	false
Entity File Number	0-12114
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	77-0313235
Entity Address, Address Line One	550 South Hope Street, Suite 2850
Entity Address, City or Town	Los Angeles
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	90071
City Area Code	213
Local Phone Number	271-1600
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		66,710,795
Depository Shares [Member]
Document Information [Line Items]
Title of 12(b) Security	Depositary Shares
Trading Symbol	CDZIP
Security Exchange Name	NASDAQ
Common Stock [Member]
Document Information [Line Items]
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	CDZI
Security Exchange Name	NASDAQ

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Total revenues	$ 368	$ 599	$ 1,307	$ 927
Costs and expenses:
Cost of sales	692	1,163	1,482	1,163
General and administrative	5,127	3,700	14,378	10,911
Depreciation	308	180	942	473
Total costs and expenses	6,127	5,043	16,802	12,547
Operating loss	(5,759)	(4,444)	(15,495)	(11,620)
Interest expense, net	(1,173)	(2,097)	(3,637)	(6,144)
Loss before income taxes	(6,932)	(6,541)	(24,683)	(17,764)
Income tax expense	(4)	(2)	(8)	(5)
Loss from equity-method investments	0	(2)	0	(171)
Net loss and comprehensive loss	(6,936)	(6,545)	(24,691)	(17,940)
Less: Preferred stock dividend	(1,265)	(1,265)	(3,818)	(3,818)
Net loss and comprehensive loss applicable to common stock	$ (8,201)	$ (7,810)	$ (28,509)	$ (21,758)
Basic and diluted net loss per common share (in dollars per share)	$ (0.12)	$ (0.15)	$ (0.44)	$ (0.45)
Basic and diluted weighted average shares outstanding (in shares)	66,611	50,793	65,299	48,689
Total revenues	$ 368	$ 599	$ 1,307	$ 927
Loss on derivative liability			(220)	0
Loss on early extinguishment of debt			$ (5,331)	$ 0

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 13,306	$ 9,997
Restricted cash	0	1,288
Accounts receivable	410	454
Inventories	2,128	316
Prepaid expenses and other current assets	782	380
Total current assets	16,626	12,435
Property, plant, equipment and water programs, net	85,536	84,138
Long-term deposit/prepaid expenses	420	420
Goodwill	5,714	5,714
Right-of-use asset	463	553
Long-term restricted cash	134	2,497
Other assets	5,562	5,030
Total assets	114,455	110,787
Current liabilities:
Accounts payable	1,626	1,107
Accrued liabilities	1,184	1,545
Current portion of long-term debt	193	140
Dividend payable	1,265	1,288
Contingent consideration liabilities	1,450	1,450
Short-term deferred revenue	93	0
Operating lease liabilities	119	109
Total current liabilities	5,930	5,639
Long-term debt, net	37,394	48,950
Long-term lease obligations with related party, net	22,333	20,745
Long-term operating lease liabilities	354	444
Deferred revenue	750	750
Other long-term liabilities	39	36
Total liabilities	66,800	76,564
Commitments and contingencies (Note 10)
Stockholders’ equity:
Preferred stock	1	1
Common stock - $.01 par value; shares authorized – 85,000,000 at September 30, 2023 and 70,000,000 at December 31, 2022; shares issued and outstanding – 66,604,981 at September 30, 2023 and 55,823,810 at December 31, 2022	664	556
Additional paid-in capital	678,796	636,963
Accumulated deficit	(631,807)	(603,298)
Total stockholders’ equity	47,655	34,223
Total liabilities and stockholders’ deficit	114,455	110,787
Series A Preferred Stock [Member]
Current liabilities:
Dividend payable	1,270
Stockholders’ equity:
Preferred stock	$ 1	$ 1

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) - $ / shares				3 Months Ended						9 Months Ended	12 Months Ended
	Jul. 02, 2021	Jul. 01, 2021	Jun. 29, 2021	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2023	Dec. 31, 2022
Preferred stock, par value (in dollars per share)				$ 0.01						$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)				100,000						100,000	100,000
Preferred stock, shares issued (in shares)				329						329	329
Preferred stock, shares outstanding (in shares)				329						329	329
Preferred stock, dividend rate				8.875%	8.875%	8.875%	8.875%	8.875%	8.875%
Common stock, par value (in dollars per share)				$ 0.01						$ 0.01	$ 0.01
Common stock, shares authorized (in shares)				85,000,000						85,000,000	70,000,000
Common stock, shares issued (in shares)				66,604,981						66,604,981	55,823,810
Common stock, shares outstanding (in shares)				66,604,981						66,604,981	55,823,810
Series A Preferred Stock [Member]
Preferred stock, par value (in dollars per share)		$ 0.01		$ 0.01						$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)		7,500		7,500						7,500	7,500
Preferred stock, shares issued (in shares)				2,300						2,300	2,300
Preferred stock, shares outstanding (in shares)				2,300						2,300	2,300
Preferred stock, dividend rate	8.875%	8.875%	8.875%							8.875%	8.875%

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash flows from operating activities:
Net loss and comprehensive loss	$ (24,691,000)	$ (17,940,000)
us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract
Depreciation	942,000	473,000
Amortization of debt discount and issuance costs	337,000	1,777,000
Amortization of right-of-use asset	90,000	18,000
Interest expense added to loan principal	711,000	0
Interest expense added to lease liability	1,570,000	1,390,000
Unrealized loss on derivative liability	220,000	0
Loss on early extinguishment of debt	5,331,000	0
Loss on equity method investments	0	171,000
Compensation charge for stock and share option awards	1,142,000	1,348,000
Changes in operating assets and liabilities:
Accounts receivable	44,000	(276,000)
Inventories	(1,812,000)	(335,000)
Prepaid expenses and other current assets	(402,000)	(43,000)
Other assets	(532,000)	(214,000)
Accounts payable	1,312,000	253,000
Lease liabilities	(80,000)	(98,000)
Deferred revenue	93,000
Other accrued liabilities	323,000	102,000
Net cash used in operating activities	(15,402,000)	(13,374,000)
Cash flows from investing activities:
Additions to property, plant and equipment and water programs	(3,815,000)	(2,432,000)
Contributions to equity-method investments	0	(101,000)
Net cash used in investing activities	(3,815,000)	(2,533,000)
Cash flows from financing activities:
Net proceeds from issuance of stock	38,490,000	11,741,000
Proceeds from the issuance of long-term debt	233,000	275,000
Dividend payments	(3,841,000)	(3,841,000)
Principal payments on long-term debt	(15,119,000)	(117,000)
Issuance costs of long-term debt	(27,000)	0
Costs for early extinguishment of debt	(600,000)	0
Taxes paid related to net share settlement of equity awards	(261,000)	0
Net cash provided by financing activities	18,875,000	8,058,000
Net decrease in cash, cash equivalents and restricted cash	(342,000)	(7,849,000)
Cash, cash equivalents and restricted cash, beginning of period	13,782,000	19,856,000
Cash, cash equivalents and restricted cash, end of period	$ 13,440,000	$ 12,007,000

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Preferred Stock [Member] Series A Preferred Stock [Member]	Preferred Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance (in shares) at Dec. 31, 2021	43,656,169	2,300	329
Balance at Dec. 31, 2021	$ 435	$ 1	$ 1	$ 613,572	$ (573,400)	$ 40,609
Stock-based compensation expense (in shares)	236,995	0	0
Stock-based compensation expense	$ 2	$ 0	$ 0	431	0	433
Issuance of shares (in shares)	6,857,140	0	0
Issuance of shares	$ 69	$ 0	$ 0	11,672	0	11,741
Dividends declared on 8.875% series A cumulative perpetual preferred shares	0	0	0	0	(1,265)	(1,265)
Net loss and comprehensive loss	$ 0	$ 0	$ 0	0	(5,912)	(5,912)
Balance (in shares) at Mar. 31, 2022	50,750,304	2,300	329
Balance at Mar. 31, 2022	$ 506	$ 1	$ 1	625,675	(580,577)	45,606
Balance (in shares) at Dec. 31, 2021	43,656,169	2,300	329
Balance at Dec. 31, 2021	$ 435	$ 1	$ 1	613,572	(573,400)	40,609
Net loss and comprehensive loss						(17,940)
Balance (in shares) at Sep. 30, 2022	50,793,567	2,300	329
Balance at Sep. 30, 2022	$ 506	$ 1	$ 1	626,589	(595,158)	31,939
Balance (in shares) at Mar. 31, 2022	50,750,304	2,300	329
Balance at Mar. 31, 2022	$ 506	$ 1	$ 1	625,675	(580,577)	45,606
Stock-based compensation expense (in shares)	19,971	0	0
Stock-based compensation expense	$ 0	$ 0	$ 0	423	0	423
Dividends declared on 8.875% series A cumulative perpetual preferred shares	0	0	0	0	(1,288)	(1,288)
Net loss and comprehensive loss	$ 0	$ 0	$ 0	0	(5,483)	(5,483)
Balance (in shares) at Jun. 30, 2022	50,770,275	2,300	329
Balance at Jun. 30, 2022	$ 506	$ 1	$ 1	626,098	(587,348)	39,258
Stock-based compensation expense (in shares)	23,292	0	0
Stock-based compensation expense	$ 0	$ 0	$ 0	491	0	491
Dividends declared on 8.875% series A cumulative perpetual preferred shares	0	0	0	0	(1,265)	(1,265)
Net loss and comprehensive loss	$ 0	$ 0	$ 0	0	(6,545)	(6,545)
Balance (in shares) at Sep. 30, 2022	50,793,567	2,300	329
Balance at Sep. 30, 2022	$ 506	$ 1	$ 1	626,589	(595,158)	31,939
Balance (in shares) at Dec. 31, 2022	55,823,810	2,300	329
Balance at Dec. 31, 2022	$ 556	$ 1	$ 1	636,963	(603,298)	34,223
Stock-based compensation expense (in shares)	217,452	0	0
Stock-based compensation expense	$ 2	$ 0	$ 0	63	0	65
Issuance of shares (in shares)	10,500,000	0	0
Issuance of shares	$ 105	$ 0	$ 0	38,385	0	38,490
Dividends declared on 8.875% series A cumulative perpetual preferred shares	0	0	0	0	(1,265)	(1,265)
Net loss and comprehensive loss	$ 0	$ 0	$ 0	0	(10,691)	(10,691)
Balance (in shares) at Mar. 31, 2023	66,541,262	2,300	329
Balance at Mar. 31, 2023	$ 663	$ 1	$ 1	675,411	(615,254)	60,822
Balance (in shares) at Dec. 31, 2022	55,823,810	2,300	329
Balance at Dec. 31, 2022	$ 556	$ 1	$ 1	636,963	(603,298)	34,223
Net loss and comprehensive loss						(24,691)
Balance (in shares) at Sep. 30, 2023	66,604,981	2,300	329
Balance at Sep. 30, 2023	$ 644	$ 1	$ 1	678,796	(631,807)	47,655
Balance (in shares) at Mar. 31, 2023	66,541,262	2,300	329
Balance at Mar. 31, 2023	$ 663	$ 1	$ 1	675,411	(615,254)	60,822
Stock-based compensation expense (in shares)	54,344	0	0
Stock-based compensation expense	$ 1	$ 0	$ 0	163	0	164
Dividends declared on 8.875% series A cumulative perpetual preferred shares	0	0	0	0	(1,288)	(1,288)
Net loss and comprehensive loss	$ 0	$ 0	$ 0	0	(7,064)	(7,064)
Balance (in shares) at Jun. 30, 2023	66,595,606	2,300	329
Balance at Jun. 30, 2023	$ 664	$ 1	$ 1	675,574	(623,606)	52,634
Stock-based compensation expense (in shares)	9,375	0	0
Stock-based compensation expense	$ 0	$ 0	$ 0	652	0	652
Dividends declared on 8.875% series A cumulative perpetual preferred shares	0	0	0	0	(1,265)	(1,265)
Net loss and comprehensive loss	0	0	0	0	(6,936)	(6,936)
Reclassification of derivative liability	$ 0	$ 0	$ 0	2,570	0	2,570
Balance (in shares) at Sep. 30, 2023	66,604,981	2,300	329
Balance at Sep. 30, 2023	$ 644	$ 1	$ 1	$ 678,796	$ (631,807)	$ 47,655

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022
Dividends declared (in dollars per share)	$ 550	$ 560	$ 550	$ 550	$ 560	$ 550
Preferred stock, dividend rate	8.875%	8.875%	8.875%	8.875%	8.875%	8.875%

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	9 Months Ended
Note 1 - Basis of Presentation	Sep. 30, 2023
Notes to Financial Statements
Significant Accounting Policies [Text Block]	NOTE 1 – BASIS OF PRESENTATION The Condensed Consolidated Financial Statements and notes have been prepared by Cadiz Inc., also referred to as “Cadiz” or “the Company”, without audit and should be read in conjunction with the Consolidated Financial Statements and notes thereto included in the Company’s Annual Report on Form 10 December 31, 2022. The foregoing Condensed Consolidated Financial Statements include the accounts of the Company and contain all adjustments, consisting only of normal recurring adjustments, which management considers necessary for a fair statement of the Company’s financial position, the results of its operations and its cash flows for the periods presented and have been prepared in accordance with generally accepted accounting principles. The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and the accompanying notes. Actual results could differ from those estimates and such differences may nine September 30, 2023, not December 31, 2023. Liquidity The Condensed Consolidated Financial Statements of the Company have been prepared using accounting principles applicable to a going concern, which assumes realization of assets and settlement of liabilities in the normal course of business. The Company incurred losses of $24.7 million for the nine September 30, 2023, nine September 30, 2022. September 30, 2023 nine September 30, 2023. 2023 2022. Cash requirements during the nine September 30, 2023, On January 30, 2023, “January 2023 On February 2, 2023, July 2, 2021 ( 3 The Company may not 100% not Management assesses whether the Company has sufficient liquidity to fund its costs for the next twelve Limitations on the Company’s liquidity and ability to raise capital may no Supplemental Cash Flow Information During the nine September 30, 2023, no At September 30, 2023, 9 October 14, 2023. The balance of cash, cash equivalents, and restricted cash as shown in the condensed consolidated statements of cash flows is comprised of the following: Cash, Cash Equivalents and Restricted Cash September 30, 2023 December 31, 2022 September 30, 2022 (in thousands) Cash and Cash Equivalents $ 13,306 $ 9,997 $ 6,957 Restricted Cash - 1,288 1,265 Long Term Restricted Cash 134 2,497 3,785 Cash, Cash Equivalents and Restricted Cash in the Consolidated Statement of Cash Flows $ 13,440 $ 13,782 $ 12,007 The restricted cash amounts primarily represented funds deposited into a segregated account, representing an amount sufficient to pre-fund quarterly dividend payments on Series A Preferred Stock underlying the Depositary Shares issued in the Depositary Share Offering through July 2023. ATEC Water Systems, LLC On November 9, 2022, Revenue Recognition The Company’s revenue is currently derived from rental revenue from its agricultural lease, sales of farm crops, and sales of water filtration systems by ATEC. The Company recognizes revenue by following the five 606 five not Recent Accounting Pronouncements Accounting Guidance Adopted In June 2016, December 15, 2022, January 1, 2023, no

Note 2 - Reportable Segments

Note 2 - Reportable Segments	9 Months Ended
Note 2 - Reportable Segments	Sep. 30, 2023
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE 2 – REPORTABLE SEGMENTS The Company currently operates in two segments based upon its organizational structure and the way in which its operations are managed and evaluated. The Company’s largest segment is Land and Water Resources, which comprises all activities regarding its properties in the eastern Mojave Desert including development of the Water Project, and agricultural operations. The Company’s second November 2022 nine September 30, 2023, We evaluate our performance based on segment operating (loss). Interest expense, income tax expense and losses related to equity method investments are excluded from the computation of operating (loss) for the segments. Segment net revenue, segment operating expenses and segment operating (loss) information consisted of the following for the three nine September 30, 2023: Three Months Ended September 30, 2023 (in thousands) Land and Water Resources Water Treatment Total Total revenues 199 169 368 Costs and expenses: Cost of sales 513 179 692 General and administrative 4,927 200 5,127 Depreciation 277 31 308 Total costs and expenses 5,717 410 6,127 Operating loss $ (5,518 ) $ (241 ) $ (5,759 ) Nine Months Ended September 30, 2023 (in thousands) Land and Water Resources Water Treatment Total Total revenues 708 599 1,307 Costs and expenses: Cost of sales 967 515 1,482 General and administrative 13,926 452 14,378 Depreciation 826 116 942 Total costs and expenses 15,719 1,083 16,802 Operating loss $ (15,011 ) $ (484 ) $ (15,495 ) The Company only operated in one nine September 30, 2022, not November 2022. Assets by operating segment are as follows (dollars in thousands): September 30, December 31, 2023 2022 Operating Segment: Water and Land Resources $ 109,561 $ 107,439 Water Treatment 4,894 3,348 $ 114,455 $ 110,787 Goodwill by operating segment is as follows (dollars in thousands): September 30, December 31, 2023 2022 Operating Segment: Water and Land Resources $ 3,813 $ 3,813 Water Treatment 1,901 1,901 $ 5,714 $ 5,714 Property, plant, equipment and water programs consist of the following (dollars in thousands): September 30, 2023 Water and Land Resources Water Treatment Land and land improvements $ 32,357 $ - Water programs 29,563 - Pipeline 22,094 - Buildings 1,715 - Leasehold improvements, furniture and fixtures 1,606 4 Machinery and equipment 3,719 176 Construction in progress 3,378 - 94,432 180 Less accumulated depreciation (8,967 ) (109 ) $ 85,465 $ 71 December 31, 2022 Water and Land Resources Water Treatment Land and land improvements $ 30,579 $ - Water programs 29,210 - Pipeline 22,091 - Buildings 1,715 - Leasehold improvements, furniture and fixtures 1,606 3 Machinery and equipment 3,229 166 Construction in progress 3,680 - 92,110 169 Less accumulated depreciation (8,141 ) - $ 83,969 $ 169

Note 3 - Long-term Debt

Note 3 - Long-term Debt	9 Months Ended
Note 3 - Long-term Debt	Sep. 30, 2023
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 3 – LONG-TERM DEBT The carrying value of the Company’s senior secured debt approximates fair value. The fair value of the Company’s senior secured debt (Level 2 On July 2, 2021, first eighteen thirty thirty On February 2, 2023, July 2, 2024, June 30, 2026. As a result of the First Amended Credit Agreement, the Company bifurcated the new conversion option from the debt and recorded a derivative liability. As of the effective date of the First Amended Credit Agreement, the derivative liability had a fair value of approximately $2.4 million which was recorded as loss on early extinguishment of debt. In addition, the loss on early extinguishment of debt included $2.0 million of repayment fees for both repaid and amended principal and $980 thousand of unamortized debt issuance costs. The fair value of the derivative liability was remeasured each reporting period using an option pricing model, and the change in fair value was recorded as an adjustment to the derivative liability with the change in fair value recorded as income or expense. On August 14, 2023, three nine September 30, 2023, In the event of certain asset sales, the incurrence of indebtedness or a casualty or condemnation event, in each case, under certain circumstances as described in the Credit Agreement, the Company will be required to use a portion of the proceeds to prepay amounts under the debt. In the event of any additional issuance of depositary receipts (“Depositary Receipts”) representing interests in shares of 8.875% Series A Cumulative Perpetual Preferred Stock (“Series A Preferred Stock”) by the Company, the Company will be required to, within five The Credit Agreement includes customary affirmative and negative covenants, including delivery of financial statements and other reports. The negative covenants limit the ability of the Company to, among other things, incur debt, incur liens, make investments, sell assets, pay dividends and enter into transactions with affiliates. In addition, the Credit Agreement includes customary events of default and remedies. While any amount remains outstanding under the debt, the Lenders will have the right to convert the outstanding principal, plus unpaid interest, on the debt into Depositary Receipts at the per share exchange price of $25.00 at any time up to 100% of the principal and unpaid interest on the debt may In connection with the issuance of the Senior Secured Debt, on July 2, 2021 ( may July 2, 2024 ( may

Note 4 - Stock-based Compensati

Note 4 - Stock-based Compensation Plans	9 Months Ended
Note 4 - Stock-based Compensation Plans	Sep. 30, 2023
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	NOTE 4 – STOCK-BASED COMPENSATION PLANS The Company has issued options and has granted stock awards pursuant to its 2019 2019 The 2019 “2019 July 10, 2019, July 12, 2022, Effective July 1, 2021, 2019 June 30 January 31 st first Stock Awards to Directors, Officers, and Consultants The Company has granted stock awards pursuant to its 2019 Of the total 2,700,000 shares reserved under the 2019 September 30, 2023. June 30, 2023. January 31, 2024. 825,000 RSUs were granted to employees in April 2021 “April 2021 April 2021 July 2021 April 2021 January 3, 2023, March 1, 2023. July 2022, “July 2022 July 2022 January 2, 2024. Cadiz Inc. Notes to the Consolidated Financial Statements Of the 255,000 RSUs earned upon the Northern Pipeline Vesting Event, the Company issued 158,673 shares net of taxes withheld and paid in cash by the Company. Of the 255,000 RSUs issued on March 1, 2023, Upon the change of the Company’s Executive Chair on February 4, 2022, March 1, 2023. The Company issued 450,000 of performance stock units (“PSUs”) upon achievement of certain performance events. The PSUs vest upon the Company’s common stock achieving price hurdles (“Price Hurdles”) but not three Additionally, 400,000 RSUs were granted to a consultant on July 1, 2023 ( “July 2023 July 2023 October 1, 2023, February 1, 2024. The accompanying consolidated statements of operations and comprehensive loss include stock-based compensation expense of approximately $652,000 and $492,000 in the three September 30, 2023 2022, nine September 30, 2023 2022,

Note 5 - Income Taxes

Note 5 - Income Taxes	9 Months Ended
Note 5 - Income Taxes	Sep. 30, 2023
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE 5 – INCOME TAXES As of September 30, 2023, 2037 2042 December 31, 2017, June 2021. As of September 30, 2023, The Company's tax years 2020 2022 2019 2022 three four

Note 6 - Net Loss Per Common Sh

Note 6 - Net Loss Per Common Share	9 Months Ended
Note 6 - Net Loss Per Common Share	Sep. 30, 2023
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE 6 – NET LOSS PER COMMON SHARE Basic net loss per common share is computed by dividing the net loss by the weighted-average common shares outstanding. Options, deferred stock units, convertible debt, convertible preferred shares and warrants were not three September 30, 2023 2022, nine September 30, 2023 2022,

Note 7 - Leases & Property, Pla

Note 7 - Leases & Property, Plant, Equipment and Water Programs	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Lessee, Operating Leases and Property, Plant and Equipment Disclosure [Text Block]	NOTE 7 – LEASES & PROPERTY, PLANT, EQUIPMENT AND WATER PROGRAMS The Company has operating leases for right-of-way agreements, corporate offices, vehicles and office equipment. The Company’s leases have remaining lease terms of 1 month to 37 months as of September 30, 2023, not not not As a lessor, in February 2016, one five During the nine September 30, 2023, Depreciation expense on land improvements, buildings, leasehold improvements, machinery and equipment and furniture and fixtures was $942,000 and $473,000 for the nine September 30, 2023 2022,

Note 8 - Fair Value Measurement

Note 8 - Fair Value Measurements	9 Months Ended
Note 8 - Fair Value Measurements	Sep. 30, 2023
Notes to Financial Statements
Fair Value Disclosures [Text Block]	NOTE 8 – FAIR VALUE MEASUREMENTS Fair values determined by Level 1 2 3 In 2022, (in thousands) Level 1 Assets Balance at December 31, 2022 $ - Investments in Certificates of Deposit 11,500 Balance at September 30, 2023 11,500 (in thousands) Level 3 Liabilities Balance at December 31, 2022 $ (1,450 ) Derivative liabilities (2,350 ) Unrealized gains on derivative liabilities, net 130 Balance at March 31, 2023 (3,670 ) Unrealized losses on derivative liabilities, net (350 ) Balance at June 30, 2023 (4,020 ) Reclassification of derivative liabilities to additional paid-in capital 2,570 Balance at September 30, 2023 $ (1,450 ) Investments at Fair Value as of September 30, 2023 (in thousands) Level 1 Level 2 Level 3 Total Assets Certificates of Deposit $ 11,500 $ - $ - $ 11,500 Total Assets $ 11,500 $ - $ - $ 11,500 Liabilities Contingent consideration liabilities $ - $ - $ 1,450 $ 1,450 Total Liabilities $ - $ - $ 1,450 $ 1,450 Cadiz Inc. Notes to the Consolidated Financial Statements

Note 9 - Common and Preferred S

Note 9 - Common and Preferred Stock	9 Months Ended
Note 9 - Common and Preferred Stock	Sep. 30, 2023
Notes to Financial Statements
Equity [Text Block]	NOTE 9 – COMMON AND PREFERRED STOCK Common Stock The Company is authorized to issue 85 million shares of Common Stock at a $0.01 par value. As of September 30, 2023, In January 2013, 200,000 100,000 two ■ 100,000 shares earned upon the signing of binding agreements for more than 51% of the Water Project’s annual capacity, which is not ■ 100,000 shares earned upon the commencement of construction of all of the major facilities contemplated in the Final Environmental Impact Report necessary for the completion and delivery of the Water Project, which is not All shares earned upon achievement of any of the remaining two three Series 1 The Company has issued a total of 10,000 shares of Series 1 1 March 2020. 1 September 30, 2023, 1 1 1 September 30, 2023. Series A Preferred Stock On June 29, 2021, 1/1000 th July 2, 2021 On July 1, 2021,

Note 10 - Commitments and Conti

Note 10 - Commitments and Contingencies	9 Months Ended
Note 10 - Commitments and Contingencies	Sep. 30, 2023
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 10 – COMMITMENTS AND CONTINGENCIES In the normal course of its agricultural operations, the Company handles, stores, transports and dispenses products identified as hazardous materials. Regulatory agencies periodically conduct inspections and, currently, there are no Pursuant to cost-sharing agreements that have been entered into by participants in the Company’s Water Project, $750,000 in funds have been received in order to offset costs incurred in the environmental analysis of the Water Project. These funds may September 30, 2023 September 30, 2022. The Company recorded a contingent consideration liability in the amount of $1.45 million related to the purchase price of the ATEC Acquisition for amounts payable upon the sale of a requisite number of water filtration units under an asset purchase agreement. The Company is from time to time involved in various lawsuits and legal proceedings that arise in the ordinary course of business. At this time, the Company is not Cadiz Inc.

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
Significant Accounting Policies (Policies)	Sep. 30, 2023
Accounting Policies [Abstract]
Liquidity Accounting Policy Disclosure [Policy Text Block]	Liquidity The Condensed Consolidated Financial Statements of the Company have been prepared using accounting principles applicable to a going concern, which assumes realization of assets and settlement of liabilities in the normal course of business. The Company incurred losses of $24.7 million for the nine September 30, 2023, nine September 30, 2022. September 30, 2023 nine September 30, 2023. 2023 2022. Cash requirements during the nine September 30, 2023, On January 30, 2023, “January 2023 On February 2, 2023, July 2, 2021 ( 3 The Company may not 100% not Management assesses whether the Company has sufficient liquidity to fund its costs for the next twelve Limitations on the Company’s liquidity and ability to raise capital may no
Cash Flow Supplemental [Policy Text Block]	Supplemental Cash Flow Information During the nine September 30, 2023, no At September 30, 2023, 9 October 14, 2023. The balance of cash, cash equivalents, and restricted cash as shown in the condensed consolidated statements of cash flows is comprised of the following: Cash, Cash Equivalents and Restricted Cash September 30, 2023 December 31, 2022 September 30, 2022 (in thousands) Cash and Cash Equivalents $ 13,306 $ 9,997 $ 6,957 Restricted Cash - 1,288 1,265 Long Term Restricted Cash 134 2,497 3,785 Cash, Cash Equivalents and Restricted Cash in the Consolidated Statement of Cash Flows $ 13,440 $ 13,782 $ 12,007 The restricted cash amounts primarily represented funds deposited into a segregated account, representing an amount sufficient to pre-fund quarterly dividend payments on Series A Preferred Stock underlying the Depositary Shares issued in the Depositary Share Offering through July 2023.
Business Combinations Policy [Policy Text Block]	ATEC Water Systems, LLC On November 9, 2022,
Revenue [Policy Text Block]	Revenue Recognition The Company’s revenue is currently derived from rental revenue from its agricultural lease, sales of farm crops, and sales of water filtration systems by ATEC. The Company recognizes revenue by following the five 606 five not
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements Accounting Guidance Adopted In June 2016, December 15, 2022, January 1, 2023, no

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation (Tables)	9 Months Ended
Note 1 - Basis of Presentation (Tables)	Sep. 30, 2023
Notes Tables
Schedule of Cash and Cash Equivalents [Table Text Block]	Cash, Cash Equivalents and Restricted Cash September 30, 2023 December 31, 2022 September 30, 2022 (in thousands) Cash and Cash Equivalents $ 13,306 $ 9,997 $ 6,957 Restricted Cash - 1,288 1,265 Long Term Restricted Cash 134 2,497 3,785 Cash, Cash Equivalents and Restricted Cash in the Consolidated Statement of Cash Flows $ 13,440 $ 13,782 $ 12,007

Note 2 - Reportable Segments (T

Note 2 - Reportable Segments (Tables)	9 Months Ended
Note 2 - Reportable Segments (Tables)	Sep. 30, 2023
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three Months Ended September 30, 2023 (in thousands) Land and Water Resources Water Treatment Total Total revenues 199 169 368 Costs and expenses: Cost of sales 513 179 692 General and administrative 4,927 200 5,127 Depreciation 277 31 308 Total costs and expenses 5,717 410 6,127 Operating loss $ (5,518 ) $ (241 ) $ (5,759 ) Nine Months Ended September 30, 2023 (in thousands) Land and Water Resources Water Treatment Total Total revenues 708 599 1,307 Costs and expenses: Cost of sales 967 515 1,482 General and administrative 13,926 452 14,378 Depreciation 826 116 942 Total costs and expenses 15,719 1,083 16,802 Operating loss $ (15,011 ) $ (484 ) $ (15,495 )
Reconciliation of Assets from Segment to Consolidated [Table Text Block]	September 30, December 31, 2023 2022 Operating Segment: Water and Land Resources $ 109,561 $ 107,439 Water Treatment 4,894 3,348 $ 114,455 $ 110,787
Schedule of Goodwill [Table Text Block]	September 30, December 31, 2023 2022 Operating Segment: Water and Land Resources $ 3,813 $ 3,813 Water Treatment 1,901 1,901 $ 5,714 $ 5,714
Property, Plant and Equipment [Table Text Block]	September 30, 2023 Water and Land Resources Water Treatment Land and land improvements $ 32,357 $ - Water programs 29,563 - Pipeline 22,094 - Buildings 1,715 - Leasehold improvements, furniture and fixtures 1,606 4 Machinery and equipment 3,719 176 Construction in progress 3,378 - 94,432 180 Less accumulated depreciation (8,967 ) (109 ) $ 85,465 $ 71 December 31, 2022 Water and Land Resources Water Treatment Land and land improvements $ 30,579 $ - Water programs 29,210 - Pipeline 22,091 - Buildings 1,715 - Leasehold improvements, furniture and fixtures 1,606 3 Machinery and equipment 3,229 166 Construction in progress 3,680 - 92,110 169 Less accumulated depreciation (8,141 ) - $ 83,969 $ 169

Note 8 - Fair Value Measureme_2

Note 8 - Fair Value Measurements (Tables)	9 Months Ended
Note 8 - Fair Value Measurements (Tables)	Sep. 30, 2023
Notes Tables
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block]	(in thousands) Level 1 Assets Balance at December 31, 2022 $ - Investments in Certificates of Deposit 11,500 Balance at September 30, 2023 11,500
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	(in thousands) Level 3 Liabilities Balance at December 31, 2022 $ (1,450 ) Derivative liabilities (2,350 ) Unrealized gains on derivative liabilities, net 130 Balance at March 31, 2023 (3,670 ) Unrealized losses on derivative liabilities, net (350 ) Balance at June 30, 2023 (4,020 ) Reclassification of derivative liabilities to additional paid-in capital 2,570 Balance at September 30, 2023 $ (1,450 )
Fair Value, by Balance Sheet Grouping [Table Text Block]	Investments at Fair Value as of September 30, 2023 (in thousands) Level 1 Level 2 Level 3 Total Assets Certificates of Deposit $ 11,500 $ - $ - $ 11,500 Total Assets $ 11,500 $ - $ - $ 11,500 Liabilities Contingent consideration liabilities $ - $ - $ 1,450 $ 1,450 Total Liabilities $ - $ - $ 1,450 $ 1,450

Note 1 - Basis of Presentatio_2

Note 1 - Basis of Presentation (Details Textual) - USD ($)			1 Months Ended	3 Months Ended						9 Months Ended
Note 1 - Basis of Presentation (Details Textual) - USD ($)	Feb. 02, 2023	Nov. 09, 2022	Jan. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Net Income (Loss) Attributable to Parent				$ (6,936,000)	$ (7,064,000)	$ (10,691,000)	$ (6,545,000)	$ (5,483,000)	$ (5,912,000)	$ (24,691,000)	$ (17,940,000)
Working Capital				10,700,000						10,700,000
Net Cash Provided by (Used in) Operating Activities										(15,402,000)	(13,374,000)
Gain (Loss) on Extinguishment of Debt										(5,331,000)	$ 0
Dividends Payable, Current				1,265,000						1,265,000		$ 1,288,000
ATEC Acquisition [Member]
Business Combination, Consideration Transferred		$ 2,200,000
Series A Preferred Stock [Member]
Dividends Payable, Current				1,270,000						1,270,000
First Amended Credit Agreement 1 [Member]
Repayments of Debt			$ 15,000,000
Debt Instrument, Convertible, Conversion Price (in dollars per share)	$ 4.8
First Amended Credit Agreement 1 [Member] \| Maximum [Member]
Debt Conversion, Original Debt, Amount	$ 15,000,000
Senior Secured Debt [Member]
Interest Paid, Excluding Capitalized Interest, Operating Activities										1,248,000
Paid-in-Kind Interest, Payable				$ 711,000						$ 711,000
Private Placement [Member] \| Direct Offering [Member]
Stock Issued During Period, Shares, New Issues (in shares)			10,500,000
Shares Issued, Price Per Share (in dollars per share)			$ 3.84
Proceeds from Issuance of Common Stock, Gross			$ 40,320,000
Proceeds from Issuance of Common Stock, Net			$ 38,500,000

Note 1 - Basis of Presentatio_3

Note 1 - Basis of Presentation - Components of Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021
Cash and Cash Equivalents	$ 13,306	$ 9,997	$ 6,957
Restricted Cash	0	1,288	1,265
Long Term Restricted Cash	134	2,497	3,785
Cash, Cash Equivalents and Restricted Cash in the Consolidated Statement of Cash Flows	$ 13,440	$ 13,782	$ 12,007	$ 19,856

Note 2 - Reportable Segments (D

Note 2 - Reportable Segments (Details Textual) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)
Number of Reportable Segments			2
Revenues	$ 368	$ 599	$ 1,307	$ 927
Intersegment Eliminations [Member]
Revenues			(311)
Gross Profit			$ 102

Note 2 - Reportable Segments -

Note 2 - Reportable Segments - Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Total revenues	$ 368	$ 599	$ 1,307	$ 927
Cost of sales	692	1,163	1,482	1,163
General and administrative	5,127	3,700	14,378	10,911
Depreciation	308	180	942	473
Total costs and expenses	6,127	5,043	16,802	12,547
Operating loss	(5,759)	$ (4,444)	(15,495)	$ (11,620)
Water and Land Resources [Member]
Total revenues	199		708
Cost of sales	513		967
General and administrative	4,927		13,926
Depreciation	277		826
Total costs and expenses	5,717		15,719
Operating loss	(5,518)		(15,011)
Water Treatment [Member]
Total revenues	169		599
Cost of sales	179		515
General and administrative	200		452
Depreciation	31		116
Total costs and expenses	410		1,083
Operating loss	$ (241)		$ (484)

Note 2 - Reportable Segments _2

Note 2 - Reportable Segments - Assets by Operating Segment (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Assets	$ 114,455	$ 110,787
Water and Land Resources [Member]
Assets	109,561	107,439
Water Treatment [Member]
Assets	$ 4,894	$ 3,348

Note 2 - Reportable Segments _3

Note 2 - Reportable Segments - Goodwill by Segment (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Goodwill	$ 5,714	$ 5,714
Water and Land Resources [Member]
Goodwill	3,813	3,813
Water Treatment [Member]
Goodwill	$ 1,901	$ 1,901

Note 2 - Reportable Segments _4

Note 2 - Reportable Segments - Property, Plant, Equipment and Water Programs (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Property, plant, and equipment, net	$ 85,536	$ 84,138
Water and Land Resources [Member]
Property, plant, and equipment	94,432	92,110
Less accumulated depreciation	(8,967)	(8,141)
Property, plant, and equipment, net	85,465	83,969
Water Treatment [Member]
Property, plant, and equipment	180	169
Less accumulated depreciation	(109)
Property, plant, and equipment, net	71	169
Land and Land Improvements [Member] \| Water and Land Resources [Member]
Property, plant, and equipment	32,357	30,579
Water Programs [Member] \| Water and Land Resources [Member]
Property, plant, and equipment	29,563	29,210
Pipelines [Member] \| Water and Land Resources [Member]
Property, plant, and equipment	22,094	22,091
Building [Member] \| Water and Land Resources [Member]
Property, plant, and equipment	1,715	1,715
Leasehold Improvements, Furniture, Fixtures [Member] \| Water and Land Resources [Member]
Property, plant, and equipment	1,606	1,606
Leasehold Improvements, Furniture, Fixtures [Member] \| Water Treatment [Member]
Property, plant, and equipment	4	3
Machinery and Equipment [Member] \| Water and Land Resources [Member]
Property, plant, and equipment	3,719	3,229
Machinery and Equipment [Member] \| Water Treatment [Member]
Property, plant, and equipment	176	166
Construction in Progress [Member] \| Water and Land Resources [Member]
Property, plant, and equipment	$ 3,378	$ 3,680

Note 3 - Long-term Debt (Detail

Note 3 - Long-term Debt (Details Textual) - USD ($) $ / shares in Units, $ in Thousands					3 Months Ended						9 Months Ended	12 Months Ended
	Feb. 02, 2023	Jul. 02, 2021	Jul. 01, 2021	Jun. 29, 2021	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2023	Dec. 31, 2022
Preferred Stock, Dividend Rate, Percentage					8.875%	8.875%	8.875%	8.875%	8.875%	8.875%
Warrants Issued to Lenders [Member]
Class of Warrant or Right, Issued During Period (in shares)		2
A Warrant [Member]
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right (in shares)		500,000
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)		$ 17.38
Percentage of Closing Price Per Share of Common Stock		120%
B Warrant [Member]
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)		$ 21.72
Percentage of Closing Price Per Share of Common Stock		150%
Warrants and Rights Outstanding, Term (Day)		180 days
Series A Preferred Stock [Member]
Preferred Stock, Dividend Rate, Percentage		8.875%	8.875%	8.875%							8.875%	8.875%
Depository Shares [Member]
Preferred Stock, Liquidation Preference Per Share (in dollars per share)		$ 25	$ 25
Conversion Option on Debt [Member]
Derivative Liability	$ 2,400
Unrealized Gain (Loss) on Derivatives					$ 0						$ (220)
Conversion Option on Debt [Member] \| Reclassified to Additional Paid-in Capital [Member]
Derivative Liability					$ 2,570						$ 2,570
New Loan [Member]
Debt Instrument, Face Amount		$ 50,000
Repayments of Debt	15,000
Debt Instrument, Convertible, Maximum Amount	$ 15,000
Debt Instrument, Convertible, Conversion Price (in dollars per share)	$ 4.8
Debt Instrument, Interest Rate, Stated Percentage	7%
Debt Instrument, Principal Amount with Interest Paid in Cash	$ 20,000
Debt Instrument, Principal Amount with Interest Paid in Kind	15,000
Debt Instrument, Unamortized Discount	2,000
Debt Instrument, Convertible, Beneficial Conversion Feature	$ 980
New Loan [Member] \| Repayment After Eighteen-months of the Closing Date [Member]
Debt Instrument, Repayment Fee Percentage		4%
New Loan [Member] \| Repayment After Thirty-months of the Closing Date [Member]
Debt Instrument, Repayment Fee Percentage		6%
New Loan [Member] \| Issuance After One Year of the Closing Date [Member]
Debt Instrument, Prepay Amount, Percentage of the Cash Proceeds Received		75%
New Loan [Member] \| After 24-months Anniversary of the Closing of the Debt [Member]
Debt Instrument, Percentage of Principal Exchanged into Depositary Receipts		100%

Note 4 - Stock-based Compensa_2

Note 4 - Stock-based Compensation Plans (Details Textual)

1 Months Ended

3 Months Ended

9 Months Ended

12 Months Ended

Jul. 01, 2023 shares

Mar. 01, 2023 shares

Jan. 03, 2023 shares

Feb. 04, 2022 $ / shares shares

Jul. 01, 2021 USD ($)

Jul. 31, 2022 shares

Apr. 30, 2021 shares

Sep. 30, 2023 USD ($)

Sep. 30, 2022 USD ($)

Sep. 30, 2023 USD ($) shares

Sep. 30, 2022 USD ($)

Dec. 31, 2022 shares

Jul. 10, 2019 shares

Share-based Payment Arrangement, Expense | $

$ 652,000

$ 492,000

$ 1,142,000

$ 1,348,000

Water Supply Agreement, Number of Acre-feet of Water Per Annum To Customer

9,500

Restricted Stock Units (RSUs) [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Accelerated Vesting, Number (in shares)

170,000

Restricted Stock Units (RSUs) [Member] | Vesting Upon Completion of Final Binding Water Supply Agreement [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Accelerated Vesting, Number (in shares)

85,000

Restricted Stock Units (RSUs) [Member] | Vesting on March 1, 2023 [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Accelerated Vesting, Number (in shares)

85,000

Restricted Stock Units (RSUs) [Member] | Share-Based Payment Arrangement, Employee [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)

825,000

Milestone RSUs [Member] | Share-Based Payment Arrangement, Employee [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)

510,000

Milestone RSUs [Member] | Share-Based Payment Arrangement, Employee [Member] | Share-Based Payment Arrangement, Tranche One [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)

255,000

Milestone RSUs [Member] | Share-Based Payment Arrangement, Employee [Member] | Share-Based Payment Arrangement, Tranche Two [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)

255,000

Non-milestone Restricted Stock Units (RSUs) [Member] | Share-Based Payment Arrangement, Employee [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)

315,000

Non-milestone Restricted Stock Units (RSUs) [Member] | Share-Based Payment Arrangement, Employee [Member] | Share-Based Payment Arrangement, Tranche One [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)

60,000

Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)

60,000

Non-milestone Restricted Stock Units (RSUs) [Member] | Share-Based Payment Arrangement, Employee [Member] | Share-Based Payment Arrangement, Tranche Two [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period (in shares)

158,673

Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)

255,000

Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)

255,000

Performance Stock Units [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Non-Option Equity Instruments, Granted (in shares)

450,000

Performance Stock Units [Member] | Vesting Upon Price Hurdle of $7 Per Share [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Non-Option Equity Instruments, Granted (in shares)

200,000

Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vesting, Price Hurdle (in dollars per share) | $ / shares

$ 7

Performance Stock Units [Member] | Vesting Upon Price Hurdle of $9 Per Share [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Non-Option Equity Instruments, Granted (in shares)

150,000

Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vesting, Price Hurdle (in dollars per share) | $ / shares

$ 9

Performance Stock Units [Member] | Vesting Upon Price Hurdle of $11 Per Share [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Non-Option Equity Instruments, Granted (in shares)

50,000

Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vesting, Price Hurdle (in dollars per share) | $ / shares

$ 11

Performance Stock Units [Member] | Vesting Upon Price Hurdle of $13 Per Share [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Non-Option Equity Instruments, Granted (in shares)

50,000

Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vesting, Price Hurdle (in dollars per share) | $ / shares

$ 13

A Consultant [Member] | Restricted Stock Units (RSUs) [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)

400,000

Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number (in shares)

200,000

A Consultant [Member] | Restricted Stock Units (RSUs) [Member] | Vesting Upon Completion of Certain Milestone [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)

200,000

A Consultant [Member] | Restricted Stock Units (RSUs) [Member] | Vesting on October 1, 2023 [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)

100,000

A Consultant [Member] | Restricted Stock Units (RSUs) [Member] | Vesting on February 1, 2024 [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)

100,000

Two Thousand Nineteen Equity Incentive Plan [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)

2,700,000

Two Thousand Nineteen Equity Incentive Plan [Member] | Outside Director [Member] | Accrues Yearly [Member]

Salary and Wage, Officer, Excluding Cost of Good and Service Sold | $

$ 75,000

Share-based Payment Arrangement, Expense | $

25,000

Two Thousand Nineteen Equity Incentive Plan [Member] | Outside Director [Member] | Accrues Quarterly [Member]

Salary and Wage, Officer, Excluding Cost of Good and Service Sold | $

18,750

Share-based Payment Arrangement, Expense | $

$ 6,250

Two Thousand Nineteen Equity Incentive Plan [Member] | Directors, Consultants and Employees [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period (in shares)

2,312,925

Two Thousand Nineteen Equity Incentive Plan [Member] | Director [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period (in shares)

46,744

Note 5 - Income Taxes (Details

Note 5 - Income Taxes (Details Textual) $ in Thousands	9 Months Ended
Note 5 - Income Taxes (Details Textual) $ in Thousands	Sep. 30, 2023 USD ($)
Deferred Tax Assets, Net, Total	$ 0
Domestic Tax Authority [Member] \| Internal Revenue Service (IRS) [Member]
Operating Loss Carryforwards	$ 350,000
Open Tax Year	2020 2021 2022
Open Tax Period (Year)	3 years
State and Local Jurisdiction [Member] \| California Franchise Tax Board [Member]
Operating Loss Carryforwards	$ 300,000
Open Tax Year	2019 2020 2021 2022
Open Tax Period (Year)	4 years

Note 6 - Net Loss Per Common _2

Note 6 - Net Loss Per Common Share (Details Textual) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	5,534,000	2,033,000	5,237,000	1,702,000

Note 7 - Leases & Property, P_2

Note 7 - Leases & Property, Plant, Equipment and Water Programs (Details Textual)		9 Months Ended
	Feb. 29, 2016 USD ($) a	Sep. 30, 2023 USD ($) a	Sep. 30, 2022 USD ($)	Mar. 31, 2022 USD ($)
Depreciation		$ 942,000	$ 473,000
Property Related to Development of Alfalfa [Member]
Construction in Progress, Gross		$ 1,751,000
Area of Land (Acre) \| a		150
Land Improvements, Buildings, Leasehold Improvements, Machinery and Equipment and Furniture and Fixtures [Member]
Depreciation		$ 942,000	$ 473,000
Fenner Valley Farms LLC Lease Agreement [Member]
Lessor, Operating Lease, Term of Contract (Year)	99 years
Area of Real Estate Property (Acre) \| a	2,100
Long-term Debt, Total	$ 12,000,000
Lessor, Operating Lease, Payment to be Received, Year One				$ 420,000
Minimum [Member]
Lessee, Operating Lease, Remaining Lease Term (Month)		1 month
Maximum [Member]
Lessee, Operating Lease, Remaining Lease Term (Month)		37 months

Note 8 - Fair Value Measureme_3

Note 8 - Fair Value Measurements (Details Textual) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Business Combination, Contingent Consideration, Liability, Total	$ 1,450
ATEC Acquisition [Member]
Business Combination, Contingent Consideration, Liability, Total	$ 1,450	$ 1,450

Note 8 - Fair Value Measureme_4

Note 8 - Fair Value Measurements - Level 1 Assets (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2023 USD ($)
Balance	$ 11,500
Fair Value, Inputs, Level 1 [Member]
Balance	0
Balance	11,500
Fair Value, Inputs, Level 1 [Member] \| Certificates of Deposit [Member]
Investments in Certificates of Deposit	$ 11,500

Note 8 - Fair Value Measureme_5

Note 8 - Fair Value Measurements - Level 3 Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023
Balance	$ (4,020)	$ (3,670)	$ (1,450)
Derivative liabilities			2,350
Unrealized gains on derivative liabilities, net		(350)	130
Reclassification of derivative liabilities to additional paid-in capital	2,570
Balance	$ (1,450)	$ (4,020)	$ (3,670)

Note 8 - Fair Value Measureme_6

Note 8 - Fair Value Measurements - Assets and Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Certificates of Deposit	$ 11,500
Total Assets	11,500
Contingent consideration liabilities	1,450
Total Liabilities	1,450
Fair Value, Inputs, Level 1 [Member]
Certificates of Deposit	11,500
Total Assets	11,500	$ 0
Contingent consideration liabilities	0
Total Liabilities	0
Fair Value, Inputs, Level 2 [Member]
Certificates of Deposit	0
Total Assets	0
Contingent consideration liabilities	0
Total Liabilities	0
Fair Value, Inputs, Level 3 [Member]
Certificates of Deposit	0
Total Assets	0
Contingent consideration liabilities	1,450
Total Liabilities	$ 1,450

Note 9 - Common and Preferred_2

Note 9 - Common and Preferred Stock (Details Textual)						3 Months Ended						9 Months Ended		12 Months Ended	27 Months Ended
Note 9 - Common and Preferred Stock (Details Textual)	Jul. 02, 2021 USD ($) $ / shares	Jul. 01, 2021 USD ($) $ / shares shares	Jun. 29, 2021 $ / shares shares	Mar. 05, 2020 shares	Jan. 31, 2013 shares	Sep. 30, 2023 $ / shares shares	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2023 USD ($) $ / shares shares	Sep. 30, 2022 USD ($)	Dec. 31, 2022 $ / shares shares	Sep. 30, 2023 USD ($) $ / shares shares	Jul. 02, 2026 $ / shares
Common Stock, Shares Authorized (in shares)						85,000,000						85,000,000		70,000,000	85,000,000
Common Stock, Par or Stated Value Per Share (in dollars per share) \| $ / shares						$ 0.01						$ 0.01		$ 0.01	$ 0.01
Common Stock, Shares, Issued (in shares)						66,604,981						66,604,981		55,823,810	66,604,981
Common Stock, Capital Shares Reserved for Future Issuance (in shares)					400,000
Percentage Of Projects Annual Capacity					51%
Number of Milestones for Common Stock Issuance					2
Shares Payable Term From Date Earned (Year)					3 years
Preferred Stock, Shares Issued, Total (in shares)						329						329		329	329
Preferred Stock, Dividend Rate, Percentage						8.875%	8.875%	8.875%	8.875%	8.875%	8.875%
Preferred Stock, Shares Authorized (in shares)						100,000						100,000		100,000	100,000
Preferred Stock, Par or Stated Value Per Share (in dollars per share) \| $ / shares						$ 0.01						$ 0.01		$ 0.01	$ 0.01
Payments of Dividends \| $												$ 3,841,000	$ 3,841,000		$ 10,396,000
Common Stock, Shares, Outstanding (in shares)						66,604,981						66,604,981		55,823,810	66,604,981
Preferred Stock, Shares Outstanding (in shares)						329						329		329	329
Preferred Class A [Member]
Convertible Preferred Stock, Shares Issued upon Conversion (in shares)				405.05
Series 1 Preferred Stock [Member]
Conversion of Stock, Shares Converted (in shares)														9,671
Conversion of Stock, Shares Issued (in shares)														3,917,235
Preferred Stock, Shares Issued, Total (in shares)														329
Depository Shares [Member]
Preferred Stock, Shares Per Depository Share (in dollars per share) \| $ / shares			$ 0.001
Preferred Stock, Liquidation Preference Per Share (in dollars per share) \| $ / shares	$ 25	$ 25
Preferred Stock, Liquidation Preference Per Share Per Year		2.21875
Dividends Payable, Amount Per Share (in dollars per share) \| $ / shares						$ 0.55						$ 0.55			$ 0.55
Depository Shares [Member] \| Sale Including Overallotment Option [Member]
Stock Issued During Period, Shares, New Issues (in shares)			2,000,000
Sale Including Overallotment Option [Member] \| Sale Including Overallotment Option [Member] \| Maximum [Member]
Stock Issued During Period, Shares, New Issues (in shares)			300,000
Series A Preferred Stock [Member]
Preferred Stock, Shares Issued, Total (in shares)						2,300						2,300		2,300	2,300
Preferred Stock, Dividend Rate, Percentage	8.875%	8.875%	8.875%									8.875%		8.875%
Proceeds From Issuance of Preferred Stock, Net of Issuance Costs \| $	$ 54,000,000
Preferred Stock, Shares Authorized (in shares)		7,500				7,500						7,500		7,500	7,500
Preferred Stock, Par or Stated Value Per Share (in dollars per share) \| $ / shares		$ 0.01				$ 0.01						$ 0.01		$ 0.01	$ 0.01
Preferred Stock, Liquidation Preference, Value \| $		$ 25,000
Preferred Stock, Liquidation Preference Per Share Per Year		2,218.75
Dividends Payable, Amount Per Share (in dollars per share) \| $ / shares						$ 550						$ 550			$ 550
Conversion of Stock, Shares Cap (in shares)		3,748.13
Preferred Stock, Shares Outstanding (in shares)						2,300						2,300		2,300	2,300
Conversion of Convertible Senior Notes 2020 into Preferred Stock [Member]
Debt Conversion, Converted Instrument, Shares Issued (in shares)				10,000
Shares Earned Upon The Signing Of Binding Agreements [Member]
Common Stock, Capital Shares Reserved for Future Issuance (in shares)					100,000
Shares Earned Upon The Commencement Of Construction [Member]
Common Stock, Capital Shares Reserved for Future Issuance (in shares)					100,000
Forecast [Member] \| Depository Shares [Member]
Preferred Stock, Redemption Price Per Share (in dollars per share) \| $ / shares																$ 25
Forecast [Member] \| Series A Preferred Stock [Member]
Preferred Stock, Redemption Price Per Share (in dollars per share) \| $ / shares																$ 25,000
Upon Change of Control [Member] \| Depository Shares [Member]
Preferred Stock, Redemption Price Per Share (in dollars per share) \| $ / shares		$ 25
Upon Change of Control [Member] \| Series A Preferred Stock [Member]
Preferred Stock, Redemption Price Per Share (in dollars per share) \| $ / shares		$ 25,000

Note 10 - Commitments and Con_2

Note 10 - Commitments and Contingencies (Details Textual) - USD ($)	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022
Business Combination, Contingent Consideration, Liability, Total	$ 1,450,000
ATEC Acquisition [Member]
Business Combination, Contingent Consideration, Liability, Total	1,450,000	$ 1,450,000
Water Project [Member]
Deferred Revenue, Total	$ 750,000		$ 750,000