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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current    
Cash and cash equivalents $ 2,710 $ 3,055
Accounts receivable 422 557
Inventory 293 415
Prepaid expenses 177 247
Other current assets   4
Total current assets 3,602 4,278
Loan fees, net 3 4
Right of use asset - operating leases 73 41
Oil and gas properties, net (full cost accounting method) 4,045 4,385
Other property and equipment, net 126 149
Accounts receivable - noncurrent   65
Other noncurrent assets 4  
Total assets 7,853 8,922
Current liabilities    
Accounts payable - trade 113 269
Accrued liabilities 127 164
Lease liabilities - operating leases - current 62 41
Lease liabilities - finance leases - current 59 61
Current maturities of long-term debt 64  
Asset retirement obligation - current 75 75
Total current liabilities 500 610
Lease liabilities - finance leases - noncurrent 30 41
Lease liabilities - Operating leases - noncurrent 11
Long term debt, less current maturities 102  
Asset retirement obligation - noncurrent 1,936 1,923
Total liabilities 2,579 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, $0.001 par value, authorized 100,000,000 shares, 10,673,539 and 10,658,775 shares issued and outstanding 11 11
Additional paid-in capital 58,300 58,293
Accumulated deficit (53,037) (51,956)
Total stockholders' equity 5,274 6,348
Total liabilities and stockholders' equity $ 7,853 $ 8,922