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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue:    
Total revenue $ 1,211 $ 923
Operating expenses:    
Lease operating expense 568 408
Production taxes 79 66
Depreciation, depletion, accretion and amortization 118 112
General and administrative:    
Compensation and benefits, including directors' fees 339 223
Professional fees, insurance and other 396 349
Total operating expenses 1,500 1,158
Operating loss (289) (235)
Other non-operating income (expense):    
Commodity derivative gain 107
Marketable equity securities gain (loss) 50 (76)
Warrant revaluation gain (loss) (20) (6)
Rental property gain (loss), net 17 (17)
Other income 25 28
Interest expense, net (52)
Total other income (expense) 127 (71)
Net loss (162) (306)
Accrued preferred stock dividends (100)
Net loss applicable to common shareholders $ (162) $ (406)
Basic and diluted weighted average shares outstanding 3,923,730 1,359,892
Basic and diluted net loss per share $ (0.04) $ (0.30)
Oil [Member]    
Revenue:    
Total revenue $ 1,132 $ 855
Natural Gas and Liquids [Member]    
Revenue:    
Total revenue $ 79 $ 68