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v3.10.0.1

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands | 9 Months Ended
--- | ---
Sep. 30, 2018 | Sep. 30, 2017
Cash flows from operating activities: |  |
Net loss | $ (950) | $ (787)
Adjustments to reconcile net loss to net cash used in operating activities: |  |
Depreciation, depletion, amortization and accretion | 465 | 732
Change in fair value of commodity derivative contracts | (124) | (29)
Stock-based compensation and services | 623 | 289
Warrant fair value adjustment | (478) | (450)
Change in fair value of marketable securities | (80) |
Other | 14 | (189)
Decrease (increase) in: |  |
Oil and gas sales receivable | (240) | 98
Other assets | (4) | (35)
Transaction deposit | (124) |
Increase (decrease) in: |  |
Oil and gas payables and related party payable | (367) | (335)
Accrued compensation and benefits | 337 | 20
Net cash used in operating activities | (928) | (706)
Cash flows from investing activities: |  |
Purchase of property and equipment | (9) |
Proceeds from asset sale |  | 23
Capital expenditures | (209) | (21)
Net cash (used in) provided by investing activities: | (218) | 2
Cash flows from financing activities: |  |
Payment on Credit Facility | (600) |
Repurchase of employee shares to satisfy tax withholding | (204) |
Proceeds from issuance of common stock, net | 1,666 |
Net cash provided by financing activities | 862 |
Net decrease in cash and equivalents | (284) | (704)
Cash and cash equivalents, beginning of period | 3,277 | 2,518
Cash and cash equivalents, end of period | 2,993 | 1,814
Supplemental cash flow information: |  |
Cash paid for interest | $ 105 | $ 320

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