XML 15 R5.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating activities:    
Net loss $ (405) $ (2,923)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 19 19
Amortization of right of use lease asset 29 29
Unrealized gain (loss) on marketable equity securities (584) 736
Employee stock option expense 287 258
Gain on sale of marketable equity securities (50) 0
Other income - gain on conversion of SilverStream Note (44) 0
Loss on derivative instruments 90 36
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 60 211
Note receivable, net of mineral property sold 0 (223)
Accounts payable and other current liabilities (118) (528)
Net cash used in operating activities (716) (2,385)
Investing activities:    
Sale of short-term investments, net 488 2,844
Purchase of Vendetta units 0 (233)
Cash from sale of marketable equity securities 123 0
Purchase of other assets 0 (6)
(Purchase) sale of derivative instruments - net (121) 10
Net cash provided by investing activities 490 2,615
Financing activities:    
Paycheck Protection Loan 70 0
Purchase of common stock for cancellation (5) (12)
Net cash provided by (used in) financing activities 65 (12)
Net increase (decrease) in cash and cash equivalents (161) 218
Cash and cash equivalents, beginning of period 574 117
Cash and cash equivalents, end of period 413 335
Supplemental Cash Flow information:    
Conversion of SilverStream note to marketable equity securities $ 294 $ 0