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GEOGRAPHIC AND SEGMENT INFORMATION | 3 Months Ended
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Mar. 31, 2019
GEOGRAPHIC AND SEGMENT INFORMATION |
Geographic and Segment Information | 15. GEOGRAPHIC AND SEGMENT INFORMATION The Company currently operates in three reportable segments, which are uranium, lithium and graphite 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, lithium and graphite properties. The Company’s long-term assets were $24.4 million and $25.8 million as of March 31, 2019 and December 31, 2018, respectively. 100% of the long-term assets are located in the United States. The Company reported no revenues during the three months ended March 31, 2019 and March 31, 2018. 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 segments has not been provided because the information is not used to assess performance. The table below provides a breakdown of the long-term assets by reportable segments as of March 31, 2019 and December 31, 2018:
|  | March 31, 2019
(thousands of dollars) |  | Corporate |  | Uranium |  | Lithium |  | Graphite |  | Total
Net property, plant and equipment |  | $ | 150 |  | $ | 11,407 |  | $ | — |  | $ | 8,972 |  | $ | 20,529
Restricted cash |  |  | — |  |  | 3,740 |  |  | — |  |  | 10 |  |  | 3,750
Operating lease right of use assets, non-current |  |  | 543 |  |  | 26 |  |  | — |  |  | — |  |  | 569
Total long-term assets |  | $ | 693 |  | $ | 15,173 |  | $ | — |  | $ | 8,982 |  | $ | 24,848
|  | December 31, 2018
(thousands of dollars) |  | Corporate |  | Uranium |  | Lithium |  | Graphite |  | Total
Net property, plant and equipment |  | $ | 162 |  | $ | 11,418 |  | $ | — |  | $ | 8,973 |  | $ | 20,553
Restricted cash |  |  | — |  |  | 3,722 |  |  | — |  |  | 10 |  |  | 3,732
Notes receivable, non-current |  |  | — |  |  | 1,493 |  |  | — |  |  | — |  |  | 1,493
Total long-term assets |  | $ | 162 |  | $ | 16,633 |  | $ | — |  | $ | 8,983 |  | $ | 25,778
The table below provides a breakdown of the reportable segments for the three months ended March 31, 2019 and March 31, 2018. Non-mining activities and other administrative operations are reported in the Corporate column.
|  | Three Months Ended
|  | March 31, 2019
(thousands of dollars) |  | Corporate |  | Uranium |  | Lithium |  | Graphite |  | Total
Statement of Operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mineral property expenses |  | $ | — |  | $ | 553 |  | $ | 1 |  | $ | 80 |  | $ | 634
General and administrative expenses |  |  | 1,279 |  |  | 392 |  |  | — |  |  | 147 |  |  | 1,818
Sales and marketing expenses |  |  | — |  |  | — |  |  | — |  |  | 18 |  |  | 18
Accretion of asset retirement costs |  |  | — |  |  | 126 |  |  | — |  |  | — |  |  | 126
Depreciation and amortization |  |  | 1 |  |  | 22 |  |  | — |  |  | — |  |  | 23
Loss from operations |  |  | 1,280 |  |  | 1,093 |  |  | 1 |  |  | 245 |  |  | 2,619
Other (expense) income |  |  | (555) |  |  |  |  |  |  |  |  |  |  |  | (555)
Loss before taxes |  | $ | (1,835) |  | $ | (1,093) |  | $ | (1) |  | $ | (245) |  | $ | (3,174)
|  | Three Months Ended
|  | March 31, 2018
(thousands of dollars) |  | Corporate |  | Uranium |  | Lithium |  | Graphite |  | Total
Statement of Operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mineral property expenses |  | $ | — |  | $ | 774 |  | $ | 8 |  | $ | — |  | $ | 782
General and administrative |  |  | 1,353 |  |  | 452 |  |  | — |  |  | — |  |  | 1,805
Acquisition related expenses |  |  | 755 |  |  | — |  |  | — |  |  | — |  |  | 755
Accretion of asset retirement costs |  |  | — |  |  | 134 |  |  | — |  |  | — |  |  | 134
Depreciation and amortization |  |  | 1 |  |  | 33 |  |  | — |  |  | — |  |  | 34
Loss from operations |  |  | 2,109 |  |  | 1,393 |  |  | 8 |  |  | — |  |  | 3,510
Other income |  |  | 81 |  |  | 10 |  |  | — |  |  | — |  |  | 91
Loss before taxes |  | $ | (2,028) |  | $ | (1,383) |  | $ | (8) |  | $ | — |  | $ | (3,419)

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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