Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 214	$ 119
Short-term investments, at fair value	11,642	15,250
Investments in marketable equity securities, at fair value	2,643	1,339
Prepaid expenses and other	114	89
Total current assets	14,613	16,797
Mineral properties	15,657	46
Other assets	125	771
Total assets	30,395	17,614
Current liabilities:
Accounts payable	141	124
Other		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 December 31, 2017 and 2016)
Common stock, $0.01 par value, authorized, 100,000,000 shares (58,434,566 and 38,693,589 , respectively, shares issued and outstanding at December 31, 2017 and 2016)	584	387
Additional paid-in capital	69,312	55,790
Accumulated deficit	(40,343)	(39,401)
Accumulated other comprehensive income	576	712
Total shareholders' equity	30,129	17,488
Total liabilities and shareholders' equity	$ 30,395	$ 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).