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MERGER AND FINANCING AGREEMENT WITH NEUTRON ENERGY (Tables)
12 Months Ended
Dec. 31, 2012
MERGER AND FINANCING AGREEMENT WITH NEUTRON ENERGY  
Schedule of acquisition date estimated fair value of each class of consideration transferred

 

Common shares

  $ 16,577,000  

Note receivable—Neutron

    3,559,000  
       

Total purchase price

  $ 20,136,000  
       
Schedule of preliminary allocation of total purchase price to net tangible assets

 

Cash

  $ 28,000  

Restricted cash

    273,000  

Other current assets

    11,000  

Uranium properties—value beyond proven and probable

    20,274,000  

Other property, plant and equipment

    323,000  

Other non-current assets

    12,000  
       

Total assets

    20,921,000  

Total current liabilities

    785,000  
       

Total liabilities

    785,000  
       

Net tangible and intangible assets acquired

  $ 20,136,000  
       
Schedule of unaudited pro forma information of Neutron acquisition

 

 
  Unaudited
Pro Forma Financial Data
Years ended December 31
 
 
  2012   2011  

Revenue

  $   $  

Net loss

  $ (16,899,501 ) $ (17,678,658 )