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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current    
Cash and cash equivalents $ 3,482 $ 3,115
Accounts receivable 511 533
Inventory 325 464
Prepaid expenses 192 235
Total current assets 4,510 4,347
Loan fees, net 5 9
Right of use asset - operating leases 55  
Oil and gas properties, net (full cost accounting method) 4,344 4,804
Other property and equipment, net 134 190
Accounts receivable - noncurrent 130 130
Other noncurrent assets 4 4
Total assets 9,182 9,484
Current liabilities    
Accounts payable - trade 127 132
Accrued liabilities 231 282
Lease liabilities - operating leases - current 56  
Lease liabilities - finance leases - current 59  
Current maturities of long-term debt 51
Asset retirement obligation - current 83 83
Total current liabilities 556 548
Lease liabilities - operating leases - noncurrent
Lease liabilities - finance leases - noncurrent 29  
Long term debt, less current maturities 73
Asset retirement obligation - non current 2,085 2,096
Total liabilities 2,670 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, 10,653,550 and 10,639,290 shares issued and outstanding 11 11
Additional paid-in capital 58,290 58,276
Accumulated deficit (51,789) (51,520)
Total stockholders' equity 6,512 6,767
Total liabilities and stockholders' equity $ 9,182 $ 9,484