XML 14 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenue:    
Oxide plant lease $ 1,463  
Sale of metals   $ 2,337
Total revenues 1,463 2,337
Costs and expenses:    
Oxide plant lease costs (474)  
Costs of metal sold (exclusive of depreciation shown below)   (3,012)
Exploration expense (776) (969)
El Quevar project expense (163) (406)
Velardena project expense   (119)
Velardena shutdown and care and maintenance costs (587)  
Administrative expense (1,218) (1,328)
Stock based compensation (32) (179)
Reclamation and accretion expense (51) (110)
Other operating income, net 39 176
Depreciation, depletion and amortization (550) (1,359)
Total costs and expenses (3,812) (7,306)
Loss from operations (2,349) (4,969)
Other income and (expense):    
Interest expense (443)  
Interest and other income 3 916
Warrant derivative (loss) gain (1,180) 650
Derivative loss (648)  
Loss on debt extinguishment (1,666)  
Loss on foreign currency (4) (28)
Total other expense (income) (3,938) 1,538
Loss from operations before income taxes (6,287) (3,431)
Income tax benefit 0  
Net loss (6,287) (3,431)
Other comprehensive loss, net of tax:    
Unrealized gain (loss) on securities [1] 82 (80)
Comprehensive loss $ (6,205) $ (3,511)
Net loss per common share — basic    
Loss (in dollars per share) $ (0.09) $ (0.07)
Weighted average common stock outstanding - basic (in shares) [1] 65,868,598 52,686,250
[1] Potentially dilutive shares have not been included because to do so would be anti-dilutive.