15. GEOGRAPHIC AND SEGMENT INFORMATION

The Company currently operates in three reportable segments, which are uranium, lithium and graphite mining activities, including exploration, standby operations and restoration and reclamation activities. As a part of these activities, the Company also explores, evaluates and, if warranted, permits uranium, lithium and graphite properties. The Company’s long-term assets were $24.8 million and $25.8 million as of September 30, 2019 and December 31, 2018, respectively. 100% of the long-term assets are located in the United States. The Company reported no revenues during the nine months ended September 30, 2019 and September 30, 2018.

The reportable segments are those operations whose operating results are reviewed by the Chief Executive Officer to make decisions about resources to be allocated to the segment and assess its performance provided those operations pass certain quantitative thresholds. Operations whose revenues, earnings or losses or assets exceed or are expected to exceed 10% of the total consolidated revenue, earnings or losses or assets are reportable segments. Information about current assets and liabilities of the segments has not been provided because the information is not used to assess performance.

The table below provides a breakdown of the long-term assets by reportable segments as of September 30, 2019 and December 31, 2018:


	September 30, 2019
(thousands of dollars)	Corporate		Uranium		Lithium		Graphite		Total

Net property, plant and equipment	$	126	$	11,383	$	—	$	8,972	$	20,481
Restricted cash		—		3,774		—		10		3,784
Operating lease right of use assets		490		23		—		—		513
Total long-term assets	$	616	$	15,180	$	—	$	8,982	$	24,778


	December 31, 2018
(thousands of dollars)	Corporate		Uranium		Lithium		Graphite		Total

Net property, plant and equipment	$	162	$	11,418	$	—	$	8,973	$	20,553
Restricted cash		—		3,722		—		10		3,732
Notes receivable, non-current		—		1,493		—		—		1,493
Total long-term assets	$	162	$	16,633	$	—	$	8,983	$	25,778

The table below provides a breakdown of the reportable segments for the three months ended September 30, 2019 and September 30, 2018. Non-mining activities and other administrative operations are reported in the Corporate column.


	Three months Ended
	September 30, 2019
(thousands of dollars)	Corporate		Uranium		Lithium		Graphite		Total
Statement of Operations
Mineral property expenses	$	—	$	583	$	237	$	31	$	851
General and administrative expenses		844		447		1		67		1,359
Arbitration expenses		146		—		—		—		146
Accretion of asset retirement costs		—		197		—		—		197
Depreciation and amortization		1		22		—		—		23
Loss from operations		(991)		(1,249)		(238)		(98)		(2,576)
Other income		13		729		—		—		742
Loss before taxes	$	(978)	$	(520)	$	(238)	$	(98)	$	(1,834)


	Three months Ended
	September 30, 2018
(thousands of dollars)	Corporate		Uranium		Lithium		Graphite		Total
Statement of Operations
Mineral property expenses	$	—	$	600	$	317	$	38	$	955
General and administrative		1,086		478		—		141		1,705
Arbitration expenses		98		—		—		—		98
Accretion of asset retirement costs		—		133		—		—		133
Depreciation and amortization		1		26		—		—		27
Loss from operations		(1,185)		(1,237)		(317)		(179)		(2,918)
Other income (expense)		(246)		27		—		—		(219)
Loss before taxes	$	(1,431)	$	(1,210)	$	(317)	$	(179)	$	(3,137)

The table below provides a breakdown of the reportable segments for the nine months ended September 30, 2019 and September 30, 2018. Non-mining activities and other administrative operations are reported in the Corporate column.


	Nine months Ended
	September 30, 2019
(thousands of dollars)	Corporate		Uranium		Lithium		Graphite		Total
Statement of Operations
Mineral property expenses	$	—	$	1,942	$	239	$	128	$	2,309
General and administrative		3,208		1,272		1		283		4,764
Arbitration expenses		631		—		—		—		631
Accretion of asset retirement costs		—		353		—		—		353
Depreciation and amortization		3		68		—		—		71
Loss from operations		(3,842)		(3,635)		(240)		(411)		(8,128)
Other income (expense)		(384)		729		—		—		345
Loss before taxes	$	(4,226)	$	(2,906)	$	(240)	$	(411)	$	(7,783)


	Nine months Ended
	September 30, 2018
(thousands of dollars)	Corporate		Uranium		Lithium		Graphite		Total
Statement of Operations
Mineral property expenses	$	—	$	2,204	$	455	$	47	$	2,706
General and administrative		3,676		1,383		—		378		5,437
Arbitration expenses		225		—		—		—		225
Acquisition related expenses		333		—		—		—		333
Accretion of asset retirement costs		—		401		—		—		401
Depreciation and amortization		3		90		—		1		94
Impairment of Uranium properties		—		17,968		—		—		17,968
Loss from operations		(4,237)		(22,046)		(455)		(426)		(27,164)
Other income		8		144		—		—		152
Loss before taxes	$	(4,229)	$	(21,902)	$	(455)	$	(426)	$	(27,012)