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Condensed Consolidated Balance Sheets (Q2) - USD ($)
$ in Thousands
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Current              
Cash and cash equivalents $ 2,710   $ 3,055     $ 3,115  
Accounts receivable 422   557     533  
Inventory 293   415     464  
Prepaid expenses 177   247     235  
Other current assets   4        
Total current assets 3,602   4,278     4,347  
Loan fees, net 3   4     9  
Right of use asset - operating leases 73   41        
Oil and gas properties, net (full cost accounting method) 4,045   4,385     4,804  
Other property and equipment, net 126   149     190  
Accounts receivable - noncurrent   65     130  
Other noncurrent assets 4       4  
Total assets 7,853   8,922     9,484  
Current liabilities              
Accounts payable - trade 113   269     132  
Accrued liabilities 127   164     282  
Lease liabilities - operating leases - current 62   41        
Lease liabilities - finance leases - current 59   61        
Current maturities of long-term debt 64       51  
Asset retirement obligation - current 75   75     83  
Total current liabilities 500   610     548  
Lease liabilities - finance leases - noncurrent 30   41        
Lease liabilities - Operating leases - noncurrent 11          
Long term debt, less current maturities 102       73  
Asset retirement obligation - noncurrent 1,936   1,923     2,096  
Total liabilities 2,579   2,574     2,717  
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     11  
Additional paid-in capital 58,300   58,293     58,276  
Accumulated deficit (53,037)   (51,956)     (51,520)  
Total stockholders' equity 5,274 $ 5,825 6,348 $ 6,690 $ 6,675 6,767 $ 5,175
Total liabilities and stockholders' equity $ 7,853   $ 8,922     $ 9,484