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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net income (loss) $ 35 $ (1,417)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation, depletion, accretion, and amortization 449 351
Debt issuance cost amortization 7 7
Change in fair value of commodity derivative (137)
(Gain) loss on marketable equity securities (5) 123
Gain on warrant revaluation (242) (190)
Stock-based compensation 26 610
Other 2 5
Decrease (increase) in:    
Oil and natural gas sales receivable (660) (55)
Transaction deposit (50) (124)
Other assets 130 (187)
Increase (decrease) in:    
Accounts payable and accrued liabilities 183 (328)
Accrued compensation and benefits (29) 556
Payments on operating lease liability (25)
Net cash provided by (used in) operating activities (179) (786)
Cash flows from investing activities:    
Oil and natural gas capital expenditures (221) (70)
Purchase of property and equipment (7)
Payment received on note receivable 20
Net cash used in investing activities: (201) (77)
Cash flows from financing activities:    
Issuance of common stock, net of fees 1,150
Payment on credit facility (937) (600)
Shares repurchased for employee tax withholding (206)
Payments on insurance premium note (139)
Net cash (used in) provided by financing activities (1,076) 344
Net decrease in cash and equivalents (1,456) (519)
Cash and equivalents, beginning of period 2,340 3,277
Cash and equivalents, end of period 884 2,758
Supplemental disclosures of cash flow information and non-cash activities:    
Cash payments for interest 24 85
Investing activities:    
Change in capital expenditure accruals 101
Exchange of undeveloped lease acreage for oil and gas properties 379
Adoption of lease standard 228
Asset retirement obligations (14)
Financing activities:    
Financing of insurance premiums with note payable $ 228