XML 11 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current    
Cash and cash equivalents $ 3,382 $ 3,115
Accounts receivable 559 533
Inventory 357 464
Prepaid expenses 186 235
Total current assets 4,484 4,347
Loan fees, net 6 9
Right of use asset - operating leases 70  
Oil and gas properties, net (full cost accounting method) 4,485 4,804
Other property and equipment, net 159 190
Accounts receivable - noncurrent 130 130
Other noncurrent assets 4 4
Total assets 9,338 9,484
Current liabilities    
Accounts payable - trade 130 132
Accrued liabilities 202 282
Lease liabilities - operating leases - current 60  
Lease liabilities - finance leases - current 64  
Current maturities of long-term debt 51
Asset retirement obligation - current 83 83
Total current liabilities 539 548
Lease liabilities - operating leases - noncurrent 10  
Lease liabilities - finance leases - noncurrent 33  
Long term debt, less current maturities 73
Asset retirement obligation - non current 2,066 2,096
Total liabilities 2,648 2,717
Commitments and contingencies (Note 12)
Preferred stock, 25,000,000 shares authorized:    
Series A Preferred stock, $0.0001 par value, 10,000 shares designated; 0 shares issued and outstanding
Common stock, $.001 par value, authorized 100,000,000 shares, 10,648,663 and 10,639,290 shares issued and outstanding 11 11
Additional paid-in capital 58,286 58,276
Accumulated deficit (51,607) (51,520)
Total stockholders' equity 6,690 6,767
Total liabilities and stockholders' equity $ 9,338 $ 9,484