Liquidity	12 Months Ended
Dec. 31, 2014
LIQUIDITY
Liquidity	4. LIQUIDITY At December 31, 2014, our working capital was $3,761, as compared with a working capital deficit of $1,226 as of December 31, 2013, which represents an increase of $4,987. This increase in working capital is primarily due to an increase of $4,453 in the cash balance to $5,570 as of December 31, 2014. Following the closing of the registered direct offering on March 6, 2015, the Company expects that its existing cash balances will provide it the necessary liquidity through the first quarter of 2016. The Company will continue to look for ways to reduce its monthly cash burn rate while exploring opportunities to raise additional funds, as needed. The Company ceased uranium production activities in 2009 due to sustained low uranium prices and does not anticipate receiving significant sales revenue and related cash inflows during 2015. Since ceasing production, the Company has primarily financed its operations through equity and debt financings. The Company has been successful at raising capital in the past, most recently with the completion of a registered direct offering in March 2015 for estimated net proceeds of $5,400. In addition, the Company was able to successfully raise capital in 2014 through debt and equity fundraising efforts. Specifically, the completion of a registered direct offering in February 2014 for net proceeds of $9,307 as well as procuring a convertible secured debt facility in November 2013 that provided the Company with $8,000 in cash, which debt matures in December 2016. The Company also has an existing ATM Sales Agreement that allows the Company to sell from time-to-time, shares of its common stock in at-the-market offerings having an aggregate offering price up to $15,000 of which the Company has a total of $6.,000 for future sales available as of March 19, 2015. While the Company has been successful in the past raising funds through equity and debt financings, no assurance can be given that additional financing will be available to us in amounts sufficient to meet our needs, including upon the maturity of our outstanding debt, or on terms acceptable to us. In the event funds are not available, we may be required to change our planned business strategies or we could default under our secured debt facility.

Liquidity

12 Months Ended

Dec. 31, 2014

4. LIQUIDITY

At December 31, 2014, our working capital was $3,761, as compared with a working capital deficit of $1,226 as of December 31, 2013, which represents an increase of $4,987. This increase in working capital is primarily due to an increase of $4,453 in the cash balance to $5,570 as of December 31, 2014. Following the closing of the registered direct offering on March 6, 2015, the Company expects that its existing cash balances will provide it the necessary liquidity through the first quarter of 2016. The Company will continue to look for ways to reduce its monthly cash burn rate while exploring opportunities to raise additional funds, as needed.

The Company ceased uranium production activities in 2009 due to sustained low uranium prices and does not anticipate receiving significant sales revenue and related cash inflows during 2015. Since ceasing production, the Company has primarily financed its operations through equity and debt financings. The Company has been successful at raising capital in the past, most recently with the completion of a registered direct offering in March 2015 for estimated net proceeds of $5,400. In addition, the Company was able to successfully raise capital in 2014 through debt and equity fundraising efforts. Specifically, the completion of a registered direct offering in February 2014 for net proceeds of $9,307 as well as procuring a convertible secured debt facility in November 2013 that provided the Company with $8,000 in cash, which debt matures in December 2016. The Company also has an existing ATM Sales Agreement that allows the Company to sell from time-to-time, shares of its common stock in at-the-market offerings having an aggregate offering price up to $15,000 of which the Company has a total of $6.,000 for future sales available as of March 19, 2015. While the Company has been successful in the past raising funds through equity and debt financings, no assurance can be given that additional financing will be available to us in amounts sufficient to meet our needs, including upon the maturity of our outstanding debt, or on terms acceptable to us. In the event funds are not available, we may be required to change our planned business strategies or we could default under our secured debt facility.