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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating activities:    
Net loss $ (352) $ (1,443)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 13 13
Amortization of right of use lease asset 20 20
Unrealized gain (loss) on marketable equity securities (251) 389
Employee stock option expense 215 173
Gain on sale of marketable equity securities (25) 0
Other income - gain on conversion of SilverStream Note (44) 0
Loss on derivative instruments 20 0
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 8 114
Note receivable, net of mineral property sold 0 (223)
Accounts payable and other current liabilities (125) (38)
Net cash used in operating activities (521) (995)
Investing activities:    
Sale of short-term investments, net 162 1,453
Cash from sale of marketable equity securities 76 0
Purchase (sale) of derivative instruments - net 14 0
Net cash provided by investing activities 252 1,453
Financing activities:    
Paycheck Protection Loan 70 0
Purchase of common stock for cancellation (4) (11)
Net cash used in financing activities 66 (11)
Net increase (decrease) in cash and cash equivalents (203) 447
Cash and cash equivalents, beginning of period 574 117
Cash and cash equivalents, end of period 371 564
Conversion of SilverStream note to Marketable equity securities $ 294 $ 0