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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenue:    
Oil $ 1,230 $ 1,240
Natural gas and liquids 325 507
Total revenue 1,555 1,747
Oil and gas operations:    
Production costs 633 1,053
Depreciation, depletion and amortization 145 270
General and administrative:    
Compensation and benefits, including directors and contract employees 783 176
Stock-based compensation 13 106
Professional fees, insurance and other 320 880
Total operating expenses 1,894 2,485
Operating loss (339) (738)
Other income (expense):    
Realized loss on oil price risk derivatives (179)
Unrealized gain on oil price risk derivatives 54
Rental and other loss (14) (216)
Warrant fair value adjustment 270 340
Interest expense (36) (125)
Other expense (1)
Total other income (expense) 95 (2)
Net loss (244) (740)
Change in fair value of marketable equity securities, net of tax (78) (86)
Comprehensive loss (322) (826)
Loss applicable to common shareholders    
Loss from operations (244) (740)
Accrued dividends related to Series A Convertible Preferred Stock (79) (69)
Loss applicable to common shareholders $ (323) $ (809)
Loss per share- basic & diluted    
Total $ (0.03) $ (0.14)
Weighted average shares outstanding    
Basic & diluted 12,148,527 5,834,568