XML 47 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 1,870,000 $ 1,577,000
Marketable securities   415,000
Assets held for sale   1,545,000
Prepaid and other current assets 491,000 643,000
Total Current Assets 2,361,000 4,180,000
Property, plant and equipment, at cost:    
Property, plant and equipment 91,746,000 91,772,000
Less accumulated depreciation and depletion (71,409,000) (71,219,000)
Net property, plant and equipment 20,337,000 20,553,000
Operating lease right-of-use assets 484,000  
Restricted cash 3,797,000 3,732,000
Assets held for sale, non-current   1,493,000
Total Assets 26,979,000 29,958,000
Current Liabilities:    
Accounts payable 852,000 776,000
Accrued liabilities 1,770,000 1,688,000
Current portion of asset retirement obligations 894,000 708,000
Operating lease liability - current 153,000  
Total Current Liabilities 3,669,000 3,172,000
Asset retirement obligations, net of current portion 5,406,000 5,495,000
Other long-term liabilities 500,000 500,000
Operating lease liability - current 340,000  
Total Liabilities 9,915,000 9,167,000
Commitments and Contingencies
Stockholders’ Equity:    
Common stock, 100,000,000 shares authorized, $.001 par value; Issued shares - 3,339,541 and 1,436,555 respectively Outstanding shares - 3,339,380 and 1,436,394 respectively 3,000 1,000
Paid-in capital 319,758,000 313,012,000
Accumulated other comprehensive loss   (90,000)
Accumulated deficit (302,439,000) (291,874,000)
Less: Treasury stock (161 and 161 shares, respectively), at cost (258,000) (258,000)
Total Stockholders’ Equity 17,064,000 20,791,000
Total Liabilities and Stockholders’ Equity $ 26,979,000 $ 29,958,000