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Consolidated Balance Sheets (USD $)
Mar. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 393,294 $ 1,000,811
Certificates of deposit 245,940 243,616
Accounts receivable, less allowance for doubtful accounts of $4,031 636,298 456,159
Inventories 1,014,732 1,192,189
Other current assets 208,203 170,529
Deferred tax asset 39,824 39,824
Total current assets 2,538,291 3,103,128
Properties, plants and equipment, net 10,867,113 10,576,406
Restricted cash for reclamation bonds 75,251 75,251
Deferred tax asset 189,627 189,627
Other assets 515,183 498,496
Total assets 14,185,465 14,442,908
Current liabilities:    
Accounts payable 1,083,350 1,181,223
Due to factor 304,730 23,536
Accrued payroll, taxes and interest 101,052 89,541
Other accrued liabilities 33,982 30,220
Payables to related parties 17,180 17,522
Long-term debt, current 469,154 461,354
Total current liabilities 2,009,448 1,803,396
Long-term debt, net of current portion 990,088 1,044,140
Asset retirement and accrued reclamation costs 251,550 249,540
Total liabilities 3,251,086 3,097,076
Commitments and contingencies (Note 8)      
Stockholders' equity:    
Preferred stock $0.01 par value, 10,000,000 shares authorized: Series A: no shares issued and outstanding 0 0
Series B: 750,000 shares issued and outstanding (liquidation preference $885,000) 7,500 7,500
Series C: 177,904 shares issued and outstanding (liquidation preference $97,847) 1,779 1,779
Series D: 1,751,005 shares issued and outstanding (liquidation preference of $4,755,582) 17,509 17,509
Common stock, $0.01 par vaue, 90,000,000 shares authorized; 61,896,726 shares issued and outstanding 618,966 618,966
Additional paid-in capital 30,743,022 30,745,650
Accumulated deficit (20,454,397) (20,045,572)
Total stockholders' equity 10,934,379 11,345,832
Total liabilities and stockholders' equity $ 14,185,465 $ 14,442,908