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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue:        
Oxide plant lease $ 1,692 $ 1,576 $ 3,336 $ 3,039
Total revenue 1,692 1,576 3,336 3,039
Costs and expenses:        
Oxide plant lease costs (548) (455) (1,085) (929)
Exploration expense (457) (1,162) (991) (1,938)
El Quevar project expense (192) (210) (341) (373)
Velardena shutdown and care and maintenance costs (369) (546) (719) (1,133)
Administrative expense (872) (1,026) (1,898) (2,244)
Stock based compensation (242) (539) (307) (571)
Reclamation expense (48) (46) (97) (97)
Other operating income, net 705 205 862 244
Depreciation and amortization (130) (421) (318) (971)
Total costs and expenses (2,153) (4,200) (4,894) (8,012)
Loss from operations (461) (2,624) (1,558) (4,973)
Other income and (expense):        
Interest expense   (72)   (515)
Interest and other income 4 32 22 35
Warrant derivative gain (loss) 425 (1,096) 363 (2,276)
Derivative loss   (130)   (778)
Gain (loss) on debt extinguishment   13   (1,653)
(Loss) gain on foreign currency (3) (38) 3 (42)
Total other expense 426 (1,291) 388 (5,229)
Loss from operations before income taxes (35) (3,915) (1,170) (10,202)
Income tax benefit   26   26
Net loss (35) (3,889) (1,170) (10,176)
Comprehensive loss, net of tax:        
Unrealized (loss) gain on securities (51) 89 (103) 171
Comprehensive loss $ (86) $ (3,800) $ (1,273) $ (10,005)
Net loss per common share — basic        
Loss (in dollars per share) $ 0.00 $ (0.05) $ (0.01) $ (0.14)
Weighted average common stock outstanding - basic (in shares) [1] 89,618,677 82,817,778 89,485,223 74,343,257
[1] Potentially dilutive shares have not been included because to do so would be anti-dilutive.