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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income (loss) $ (306) $ 15
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation, depletion, accretion, and amortization 142 202
Debt issuance cost amortization 7
Loss (gain) on marketable equity securities 76 (12)
Loss (gain) on warrant revaluation 6 (8)
Stock-based compensation 42 13
Right of use asset amortization 13 11
Decrease (increase) in:    
Oil and natural gas sales receivable 129 (184)
Other assets (105) 10
Increase (decrease) in:    
Accounts payable and accrued liabilities (4) 63
Accrued compensation and benefits (160) 3
Payments on operating lease liability (14) (12)
Net cash (used in) provided by operating activities (181) 108
Cash flows from investing activities:    
Acquisition of New Horizon Resources, net of cash acquired (122)
Oil and natural gas capital expenditures (6) (186)
Purchase of property and equipment (1)
Net cash used in investing activities: (128) (187)
Cash flows from financing activities:    
Payment on credit facility (61) (937)
Payments for fractional shares in reverse stock split (1)
Payments on insurance premium finance note payable (25) (68)
Net cash used in financing activities (87) (1,005)
Net decrease in cash and equivalents (396) (1,084)
Cash and equivalents, beginning of period 1,532 2,340
Cash and equivalents, end of period 1,136 1,256
Supplemental disclosures of cash flow information and non-cash activities:    
Cash payments for interest 22
Investing activities:    
Issuance of stock in acquisition of New Horizon Resources 240
Change in capital expenditure accruals (1) (295)
Adoption of lease standard 228
Asset retirement obligations 163 (15)
Financing activities:    
New Horizon credit facility assumed 61
Financing of insurance premiums with note payable $ 199 $ 228