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Discontinued Operations
12 Months Ended
Dec. 31, 2018
Discontinued Operations [Abstract]  
Discontinued Operations

5. Discontinued Operations

 

The following table sets forth information concerning Discontinued Operations: (in thousands):







 

 

 

 

 

 



 

 

 

 

 

 



December 31,



 

2018

 

2017



 

 

 

 

 

 

Accounts receivable

 

$

 —

 

$

91 

Other current assets

 

 

 —

 

 

30 

Discontinued operations included in current assets

 

$

 —

 

$

121 



 

 

 

 

 

 

Property, plant, and equipment

 

$

 —

 

$

1,681 

Accumulated depreciation, depletion, and amortization

 

 

 —

 

 

(184)

Discontinued operations included in non-current assets

 

$

 —

 

$

1,497 



 

 

 

 

 

 

Accounts payable - trade

 

$

 —

 

$

27 

Accrued and other current liabilities

 

 

 —

 

 

16 

Discontinued operations included in current liabilities

 

$

 —

 

$

43 



 

 

 

 

 

 



 

 

 

 

 

 



 

 

 

 

 

 



For the years ended December 31,



 

2018

 

2017



 

 

 

 

 

 

Revenues

 

$

 

$

580 

Production costs and taxes

 

 

(40)

 

 

(489)

Depreciation, depletion, and amortization

 

 

(4)

 

 

(62)

Interest income

 

 

 —

 

 

 —

Gain on sale of assets

 

 

1,165 

 

 

 —

Deferred income tax benefit

 

 

 —

 

 

 —

Net income (loss) from discontinued operations

 

$

1,127 

 

$

29 



The Discontinued Operations are related to the Manufactured Methane facilities.  The Company sold all its methane facility assets, except the applicable U.S. patent, on January 26, 2018 for $2.65 million