XML 19 R7.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net income/(loss) for the period $ (1,160) $ 3,178
Adjustments to reconcile net income/(loss) for the period to net cash provided by/(used in) operations:    
Depreciation and amortization 431 531
Stock-based compensation 476 687
Gain on disposal of marketable securities   (12)
Gain on disposal of mineral property (150) (1,958)
Write-down of value-added tax receivable   572
(Gain)/loss on other investments (3,586) 1,326
Change in working capital account items:    
Other current assets 65 573
Accounts payable, accrued liabilities and other (200) (156)
Net cash provided by/(used in) operating activities (4,124) 4,741
Cash flows from investing activities:    
Proceeds from sales of marketable securities   41
Proceeds from sale of other investments, net   2,772
Acquisition of short-term investments, net of dispositions (11,486) (11,880)
Additions to plant and equipment (35) (10)
Proceeds from option/sales agreements, net 150 3,490
Net cash used in investing activities (11,371) (5,587)
Cash flows from financing activities:    
Proceeds from equity financings, net 15,883  
Proceeds from exercise of stock options 15  
Net cash provided by financing activities 15,898  
Increase/(decrease) in cash and cash equivalents 403 (846)
Cash and cash equivalents, beginning of period 902 3,714
Cash and cash equivalents, end of period $ 1,305 $ 2,868