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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net loss $ (288) $ (5,670)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation, depletion, accretion, and amortization 415 352
Impairment of oil and gas properties 2,943
Loss and impairment on real estate held for sale 141 1,054
Unrealized loss on commodity derivatives 116
(Gain) loss on marketable equity securities (67) 153
(Gain) loss on warrant revaluation (2) 65
Loss on related party debt conversion and settlement of legal costs 76
Stock-based compensation 310 170
Right of use asset amortization 66 38
Decrease (increase) in:    
Oil and natural gas sales receivable (570) 531
Other assets 130 (20)
Increase (decrease) in:    
Accounts payable and accrued liabilities (215) (188)
Accrued compensation and benefits (43) 66
Payments on operating lease liability (66) (43)
Payments for asset retirement obligations (22)
Net cash used in operating activities (19) (549)
Cash flows from investing activities:    
Acquisitions, net of cash acquired (651)
Oil and natural gas capital expenditures (1,399) (79)
Proceeds from sale of oil and gas properties 30
Property and equipment expenditures (93)
Proceeds from sale of real estate 440
Proceeds from sale of marketable securities 45
Payment received on note receivable 20 20
Net cash used in investing activities: (1,002) (665)
Cash flows from financing activities:    
Proceeds from sale of common stock, net of issuance costs 5,283
Proceeds from related party secured note payable 375
Proceeds from warrant exercise   565
Repayment of credit facility (61)
Repayments of insurance premium finance note payable (122) (157)
Shares withheld to settle tax withholding obligations for restricted stock awards (39)
Payment for fractional shares in reverse stock split (1)
Net cash provided by financing activities 5,122 721
Net increase (decrease) in cash and equivalents 4,101 (493)
Cash and equivalents, beginning of period 2,854 1,532
Cash and equivalents, end of period 6,955 1,039
Supplemental disclosures of cash flow information and non-cash activities:    
Cash payments for interest 3 5
Investing activities:    
Issuance of stock in acquisition of New Horizon Resources 240
Change in capital expenditure accruals (30) 58
Prepaid rent liability netted with proceeds on sale of real estate 143
Addition of operating lease liability and right of use asset 82
Asset retirement obligations 26 (315)
Financing activities:    
Issuance of stock for conversion of related party secured note payable and accrued interest 438
Issuance of stock for settlement of related party legal costs 406
New Horizon credit facility assumed 61
Financing of insurance premiums with note payable $ 223 $ 199