XML 12 R2.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 405,000 $ 605,000
Short-term investments 5,248,000 5,798,000
Investments in marketable equity securities, at fair value 1,281,000 1,620,000
Prepaid expenses and other 21,000 26,000
Total current assets 6,955,000 8,049,000
Mineral properties 16,002,000 15,628,000
Other assets 192,000 124,000
Total assets 23,149,000 23,801,000
Current liabilities:    
Accounts payable 438,000 157,000
Paycheck protection loan 0 10,000
Kinross call option 1,000 0
Operating lease liability 35,000 7,000
Total current liabilities 474,000 174,000
Long-term liabilities:    
Asset retirement obligation - Lik 125,000 125,000
Operating lease liability 56,000 0
Total long-term liabilities 181,000 125,000
Shareholders' equity:    
Preferred stock, $0.01 par value, authorized 10,000,000 shares (none issued and outstanding at June 30, 2021 and December 31, 2020) 0 0
Common stock, $0.01 par value, authorized 100,000,000 shares (58,443,766 and 58,108,366 shares, respectively, issued and outstanding at June 30, 2021 and December 31, 2020) 584,000 581,000
Additional paid-in capital 70,699,000 70,514,000
Accumulated deficit (48,789,000) (47,593,000)
Total shareholders' equity 22,494,000 23,502,000
Total liabilities and shareholders' equity $ 23,149,000 $ 23,801,000