XML 11 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current    
Cash and cash equivalents $ 3,140 $ 3,055
Accounts receivable 372 557
Inventory 271 415
Prepaid expenses 199 247
Other current assets 4 4
Total current assets 3,986 4,278
Loan fees, net 4 4
Right of use asset - operating leases 26 41
Oil and gas properties, net (full cost accounting method) 4,192 4,385
Other property and equipment, net 121 149
Accounts receivable - noncurrent   65
Total assets 8,329 8,922
Current liabilities    
Accounts payable - trade 132 269
Accrued liabilities 282 164
Lease liabilities - operating leases - current 26 41
Lease liabilities - finance leases - current 56 61
Asset retirement obligation - current 75 75
Total current liabilities 571 610
Lease liabilities - finance leases - noncurrent 26 41
Asset retirement obligation - noncurrent 1,907 1,923
Total liabilities 2,504 2,574
Commitments and contingencies (Note 10)
Preferred stock, 25,000,000 shares authorized:    
Series A Preferred stock, $0.0001 par value, 10,000 shares designated; 0 shares issued and outstanding
Common stock, $.001 par value, authorized 100,000,000 shares, 10,666,211 and 10,658,775 shares issued and outstanding 11 11
Additional paid-in capital 58,297 58,293
Accumulated deficit (52,483) (51,956)
Total stockholders' equity 5,825 6,348
Total liabilities and stockholders' equity $ 8,329 $ 8,922