14. 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 explores, evaluates and, if warranted, develops uranium, lithium and graphite properties. The Company’s long-term assets were $24.6 million as of both March 31, 2020 and December 31, 2019. 100% of the long-term assets are located in the United States. The Company reported no revenues during the three months ended March 31, 2020 and March 31, 2019.

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, 2020 and December 31, 2019:


	March 31, 2020
(thousands of dollars)	Corporate		Uranium		Lithium		Graphite		Total

Net property, plant and equipment	$	103	$	11,249	$	—	$	8,972	$	20,324
Restricted cash		—		3,796		—		10		3,806
Operating lease right of use assets		435		19		—		—		454
Total long-term assets	$	538	$	15,064	$	—	$	8,982	$	24,584


	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

The table below provides a breakdown of the reportable segments for the three months ended March 31, 2020 and March 31, 2019. Non-mining activities and other administrative operations are reported in the Corporate column.


	Three months Ended
	March 31, 2020
(thousands of dollars)	Corporate		Uranium		Lithium		Graphite		Total
Statement of Operations
Mineral property expenses	$	—	$	602	$	—	$	126	$	728
General and administrative expenses		1,189		426		—		164		1,779
Arbitration expenses		669		—		—		—		669
Accretion of asset retirement costs		—		106		—		—		106
Depreciation and amortization		12		1		—		—		13
		1,870		1,135		—		290		3,295
Loss from operations		(1,870)		(1,135)		—		(290)		(3,295)
Other income		—		8		—		—		8
Loss before taxes	$	(1,870)	$	(1,127)	$	—	$	(290)	$	(3,287)


	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		1,148		392		—		165		1,705
Arbitration expenses		131		—		—		—		131
Accretion of asset retirement costs		—		126		—		—		126
Depreciation and amortization		1		22		—		—		23
		1,280		1,093		1		245		2,619
Loss from operations		(1,280)		(1,093)		(1)		(245)		(2,619)
Other expense		(555)		—		—		—		(555)
Loss before taxes	$	(1,835)	$	(1,093)	$	(1)	$	(245)	$	(3,174)