13.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 $24.6 million and $25.8 million as of December 31, 2019 and December 31, 2018, respectively. All long-term assets are located in the United States. The Company reported no revenues for the years ending December, 31, 2019 and December 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 December 31, 2019 and December 31, 2018:


	December 31, 2019
(thousands of dollars)	Corporate		Uranium		Lithium		Graphite		Total
Net property, plant and equipment	$	114	$	11,251	$	—	$	8,972	$	20,337
Restricted cash		—		3,787		—		10		3,797
Operating Lease Right of Use Assets		463		21		—		—		484
Total long-term assets	$	577	$	15,059	$	—	$	8,982	$	24,618


	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 years ended December 31, 2019 and December 31, 2018. Non-mining activities and other administrative operations are reported in the Corporate column.


	Year Ended
	December 31, 2019
(thousands of dollars)	Corporate		Uranium		Lithium		Graphite		Total
Statement of Operations
Mineral property expenses	$	—	$	2,413	$	237	$	202	$	2,852
General and administrative		4,019		1,724		—		343		6,086
Arbitration expenses		1,378		—		—		—		1,378
Acquisition related expenses		—		—		—		—		—
Accretion of asset retirement costs		—		390		—		—		390
Depreciation and amortization		48		25		—		—		73
Impairment of Uranium properties		—		143		—		—		143
		5,445		4,695		237		545		10,922
Loss from operations		(5,445)		(4,695)		(237)		(545)		(10,922)
Other income (loss)		367		(10)		—		—		357
Loss before taxes	$	(5,078)	$	(4,705)	$	(237)	$	(545)	$	(10,565)


	Year Ended
	December 31, 2018
(thousands of dollars)	Corporate		Uranium		Lithium		Graphite		Total
Statement of Operations
Mineral property expenses	$	—	$	2,917	$	481	$	140	$	3,538
General and administrative		4,638		1,846		—		525		7,009
Arbitration expenses		348		—		—		—		348
Acquisition related expenses		333		—		—		—		333
Accretion of asset retirement costs		—		993		—		—		993
Depreciation and amortization		5		110		—		1		116
Impairment of uranium properties		—		23,712		—		—		23,712
		5,324		29,578		481		666		36,049
Loss from operations		(5,324)		(29,578)		(481)		(666)		(36,049)
Other income		196		168		—		1		365
Loss before taxes	$	(5,128)	$	(29,410)	$	(481)	$	(665)	$	(35,684)