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Geographic and Segment Information | 12 Months Ended
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Dec. 31, 2017
Segment Reporting [Abstract] |
Geographic and Segment Information | 13. GEOGRAPHIC AND SEGMENT INFORMATION We currently operate in two reportable segments, which are uranium and lithium mining activities, including exploration, standby operations and restoration and reclamation activities. As a part of these activities, the Company also explores, evaluates and, if warranted, permits uranium and lithium properties. At December 31, 2017, the long-term assets located in the United States totaled $24 million or 58% of our total long-term assets of $42 million. We reported no revenues during the years ended December 31, 2017 and 2016. The reportable segments are those operations whose operating results are reviewed by the Chief Executive Officer to make decisions about resources to be allocated to the segment and assess its performance provided those operations pass certain quantitative thresholds. Operations whose revenues, earnings or losses or assets exceed or are expected to exceed 10% of the total consolidated revenue, earnings or losses or assets are reportable segments. Information about current assets and liabilities of the segment has not been provided because the information is not used to assess performance. Non-mining activities and other administrative operations are reported in the Corporate column. The table below provides a breakdown of the long-term assets by geographic segments:
|  | December 31, 2017 |
(thousands of dollars) |  | Corporate |  |  | Uranium |  |  | Lithium |  |  | Total |
Net property, plant and equipment |  | $ | 211 |  |  | $ | 35,198 |  |  | $ | - |  |  | $ | 35,409 |
Restricted cash |  |  | - |  |  |  | 3,668 |  |  |  | - |  |  |  | 3,668 |
Notes receivable, non-current |  |  | 834 |  |  |  | 2,494 |  |  |  | - |  |  |  | 3,328 |
Total long-term assets |  | $ | 1,045 |  |  | $ | 41,360 |  |  | $ | - |  |  | $ | 42,405 |
|  | December 31, 2016 |
(thousands of dollars) |  | Corporate |  |  | Uranium |  |  | Lithium |  |  | Total |
Net property, plant and equipment |  | $ | 141 |  |  | $ | 46,775 |  |  | $ | - |  |  | $ | 46,916 |
Restricted cash |  |  | - |  |  |  | 3,964 |  |  |  | - |  |  |  | 3,964 |
Long-term assets held for sale |  |  | - |  |  |  | 2,123 |  |  |  | - |  |  |  | 2,123 |
Total long-term assets |  | $ | 141 |  |  | $ | 52,862 |  |  | $ | - |  |  | $ | 53,003 |
The following table provides a breakdown of our operating results by geographic segments for the years ended December 31, 2017 and 2016. All intercompany transactions have been eliminated.
|  | Year Ended December 31, 2017 |
(thousands of dollars) |  | Corporate |  |  | Uranium |  |  | Lithium |  |  | Total |
Statement of Operations |  |  |  |  |  |  |  |  |  |  |  |
Mineral property expenses |  | $ | - |  |  | $ | 3,383 |  |  | $ | 1,201 |  |  | $ | 4,584 |
General and administrative |  |  | 4,783 |  |  |  | 1,831 |  |  |  | - |  |  |  | 6,614 |
Acquisition related expenses |  |  | 1,003 |  |  |  | - |  |  |  | - |  |  |  | 1,003 |
Accretion of asset retirment costs |  |  | - |  |  |  | 1,039 |  |  |  | - |  |  |  | 1,039 |
Depreciation and amortization |  |  | 5 |  |  |  | 137 |  |  |  | - |  |  |  | 142 |
Impairment of Uranium properties |  |  | - |  |  |  | 11,436 |  |  |  | - |  |  |  | 11,436 |
|  |  | 5,791 |  |  |  | 17,826 |  |  |  | 1,201 |  |  |  | 24,818 |
Loss from operations |  |  | (5,791 | ) |  |  | (17,826 | ) |  |  | (1,201 | ) |  |  | (24,818 | )
Other income (expense) |  |  | 585 |  |  |  | 4,944 |  |  |  | 1 |  |  |  | 5,530 |
Loss before taxes |  | $ | (5,206 | ) |  | $ | (12,882 | ) |  | $ | (1,200 | ) |  | $ | (19,288 | )
|  | Year Ended December 31, 2016 |
(thousands of dollars) |  | Corporate |  |  | Uranium |  |  | Lithium |  |  | Total |
Statement of Operations |  |  |  |  |  |  |  |  |  |  |  |
Mineral property expenses |  | $ | - |  |  | $ | 2,441 |  |  | $ | 807 |  |  | $ | 3,248 |
General and administrative |  |  | 5,573 |  |  |  | 2,077 |  |  |  | - |  |  |  | 7,650 |
Accretion of asset retirment costs |  |  | - |  |  |  | 480 |  |  |  | - |  |  |  | 480 |
Depreciation and amortization |  |  | 8 |  |  |  | 239 |  |  |  | - |  |  |  | 247 |
Impairment of Uranium properties |  |  | - |  |  |  | 1,673 |  |  |  | - |  |  |  | 1,673 |
|  |  | 5,581 |  |  |  | 6,910 |  |  |  | 807 |  |  |  | 13,298 |
Loss from operations |  |  | (5,581 | ) |  |  | (6,910 | ) |  |  | (807 | ) |  |  | (13,298 | )
Other income (expense) |  |  | (6,339 | ) |  |  | 32 |  |  |  | - |  |  |  | (6,307 | )
Loss before taxes |  | $ | (11,920 | ) |  | $ | (6,878 | ) |  | $ | (807 | ) |  | $ | (19,605 | )

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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