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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenue:        
Oxide plant lease $ 1,729   $ 4,768  
Sale of metals   $ 1,788   $ 6,086
Total revenue 1,729 1,788 4,768 6,086
Costs and expenses:        
Oxide plant lease costs (549)   (1,478)  
Cost of metals sold (exclusive of depreciation shown below)   (2,598)   (8,385)
Exploration expense (927) (615) (2,865) (2,851)
El Quevar project expense (income) 65 (177) (308) (988)
Velardena project expense       (119)
Velardena shutdown and care and maintenance costs (456) (393) (1,589) (393)
Administrative expense (897) (1,047) (3,141) (3,375)
Stock based compensation (95) (99) (666) (372)
Reclamation expense (47) (48) (144) (206)
Impairment of long lived assets   (13,181)   (13,181)
Other operating income, net 1,281 7 1,558 477
Depreciation, depletion and amortization (346) (1,209) (1,317) (3,743)
Total costs and expenses (1,971) (19,360) (9,950) (33,136)
Loss from operations (242) (17,572) (5,182) (27,050)
Other income and (expense):        
Interest expense     (515)  
Interest and other income 10 623 12 2,006
Warrant derivative (loss) gain (545) 200 (2,821) 1,068
Derivative loss     (778)  
Loss on debt extinguishment     (1,653)  
Loss on foreign currency (21) (71) (63) (125)
Total other expense (income) (556) 752 (5,818) 2,949
Loss from operations before income taxes (798) (16,820) (11,000) (24,101)
Income tax benefit     26  
Net loss (798) (16,820) (10,974) (24,101)
Comprehensive loss, net of tax:        
Unrealized gain (loss) on securities 107 (88) 278 (125)
Comprehensive loss $ (691) $ (16,908) $ (10,696) $ (24,226)
Net loss per common share — basic        
Loss (in dollars per share) $ (0.01) $ (0.32) $ (0.14) $ (0.46)
Weighted average common stock outstanding - basic (in shares) [1] 88,878,371 52,960,212 78,080,858 52,921,542
[1] Potentially dilutive shares have not been included because to do so would be anti-dilutive.