XML 36 R7.htm IDEA: XBRL DOCUMENT v3.20.4
Condensed Consolidated Balance Sheets (Q3) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current    
Cash and cash equivalents $ 2,545 $ 3,055
Accounts receivable 262 557
Inventory 302 415
Prepaid expenses 156 247
Other current assets 4 4
Total current assets 3,269 4,278
Loan fees, net 2 4
Right of use asset - operating leases 58 41
Oil and gas properties, net (full cost accounting method) 3,914 4,385
Other property and equipment, net 134 149
Accounts receivable - noncurrent 65
Total assets 7,377 8,922
Current liabilities    
Accounts payable - trade 304 269
Accrued liabilities 255 164
Lease liabilities - operating leases - current 58 41
Lease liabilities - finance leases - current 58 61
Current maturities of long-term debt 101
Asset retirement obligation - current 75 75
Total current liabilities 851 610
Lease liabilities - finance leases - noncurrent 42 41
Long term debt, less current maturities 65
Asset retirement obligation - noncurrent 1,954 1,923
Total liabilities 2,912 2,574
Commitments and contingencies (Note 10)
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, $0.001 par value, authorized 100,000,000 shares, 10,680,050 and 10,658,775 shares issued and outstanding 11 11
Additional paid-in capital 58,304 58,293
Accumulated deficit (53,850) (51,956)
Total stockholders' equity 4,465 6,348
Total liabilities and stockholders' equity $ 7,377 $ 8,922