Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 261	$ 119
Short-term investments	11,971	15,250
Investments in marketable equity securities, at fair value	2,819	1,339
Prepaid expenses and other	184	89
Total current assets	15,235	16,797
Mineral properties	15,774	46
Other assets	130	771
Total assets	31,139	17,614
Current liabilities:
Accounts payable	135	124
Other	6	2
Total current liabilities	141	126
Long-term liabilities
Asset retirement obligation - Lik	125
Shareholders’ equity:
Preferred stock, $0.01 par value, authorized 10,000,000 shares (none issued and outstanding at September 30, 2017 and December 31, 2016)
Common stock, $0.01 par value, authorized 100,000,000 shares (58,443,066 and 38,693,589 shares, respectively, issued and outstanding at September 30, 2017 and December 31, 2016)	584	387
Additional paid-in capital	69,406	55,790
Accumulated deficit	(39,854)	(39,401)
Accumulated other comprehensive income	737	712
Total shareholders’ equity	30,873	17,488
Total liabilities and shareholders’ equity	$ 31,139	$ 17,614

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- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).