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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue:        
Total revenue $ 1,633 $ 1,222 $ 5,066 $ 4,350
Oil and gas operations:        
Lease operating expenses 410 357 1,348 1,431
Production taxes 107 96 323 316
Depreciation, depletion, amortization and accretion 180 81 550 365
General and administrative:        
Compensation and benefits, including directors 166 222 620 1,548
Stock-based compensation 9 13 35 623
Professional fees, insurance and other 814 386 2,434 1,183
Bad debt expense 28
Total operating expenses 1,686 1,155 5,338 5,466
Operating (loss) income (53) 67 (272) (1,116)
Other income (expense):        
Losses on commodity derivative contracts (14) (225)
Change in fair value of marketable equity securities (240) 203 (235) 80
Warrant revaluation (loss) gain (23) 288 219 478
Rental property loss (16) (58) (39) (94)
Recovery of deposit written off 50 100
Interest, net 1 (19) (19) (73)
Total other (expense) income (228) 400 26 166
Net (loss) income (281) 467 (246) (950)
Accrued preferred stock dividends (95) (84) (273) (242)
Net (loss) income applicable to common shareholders $ (376) $ 383 $ (519) $ (1,192)
Basic and diluted weighted shares outstanding 13,405,838 13,234,709 13,405,838 12,697,206
Diluted weighted shares outstanding 13,405,838 13,255,109 13,405,838 12,697,206
Basic (loss) earnings per share $ (0.03) $ 0.03 $ (0.04) $ (0.09)
Diluted (loss) earnings per share $ (0.03) $ 0.03 $ (0.04) $ (0.09)
Oil [Member]        
Revenue:        
Total revenue $ 1,571 $ 1,120 $ 4,746 $ 3,642
Natural Gas and Liquids [Member]        
Revenue:        
Total revenue $ 62 $ 102 $ 320 $ 708