14. GEOGRAPHIC AND SEGMENT INFORMATION

In addition to its corporate operations, 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 explores, evaluates and, if warranted, develops uranium, lithium and graphite properties. The Company’s long-term assets were $24.6 million as of both June 30, 2020 and December 31, 2019. 100% of the long-term assets are located in the United States. The Company reported no revenues during the six months ended June 30, 2020 and June 30, 2019.

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 June 30, 2020 and December 31, 2019:


	June 30, 2020
(thousands of dollars)	Corporate		Uranium		Lithium		Graphite		Total

Net property, plant and equipment	$	102	$	11,340	$	—	$	8,972	$	20,414
Restricted cash		—		3,797		—		10		3,807
Operating lease right of use assets		407		17		—		—		424
Total long-term assets	$	509	$	15,154	$	—	$	8,982	$	24,645


	December 31, 2019
(thousands of dollars)	Corporate		Uranium		Lithium		Graphite		Total

Net property, plant and equipment	$	114	$	11,251	$	—	$	8,972	$	20,337
Restricted cash		—		3,787		—		10		3,797
Operating lease right of use assets		463		21		—		—		484
Total long-term assets	$	577	$	15,059	$	—	$	8,982	$	24,618

The table below provides a breakdown of the reportable segments for the three months ended June 30, 2020 and June 30, 2019. Non-mining activities and other administrative operations are reported in the Corporate column.


	Three months Ended
	June 30, 2020
(thousands of dollars)	Corporate		Uranium		Lithium		Graphite		Total
Statement of Operations
Mineral property expenses	$	—	$	570	$	—	$	6	$	576
Product development expenses		—		—		—		175		175
General and administrative expenses		1,094		442		—		123		1,659
Arbitration expenses		28		—		—		—		28
Accretion of asset retirement costs		—		32		—		—		32
Depreciation and amortization		12		5		—		—		17
		1,134		1,049		—		304		2,487
Loss from operations		(1,134)		(1,049)		—		(304)		(2,487)
Other income/(expense)		28		(8)		—		—		20
Loss before taxes	$	(1,106)	$	(1,057)	$	—	$	(304)	$	(2,467)


	Three months Ended
	June 30, 2019
(thousands of dollars)	Corporate		Uranium		Lithium		Graphite		Total
Statement of Operations
Mineral property expenses	$	—	$	805	$	2	$	1	$	808
Product development expenses		—		—		—		16		16
General and administrative		1,216		433		—		51		1,700
Arbitration expenses		354		—		—		—		354
Accretion of asset retirement costs		—		30		—		—		30
Depreciation and amortization		1		24		—		—		25
		1,571		1,292		2		68		2,933
Loss from operations		(1,571)		(1,292)		(2)		(68)		(2,933)
Other income		158		—		—		—		158
Loss before taxes	$	(1,413)	$	(1,292)	$	(2)	$	(68)	$	(2,775)

The table below provides a breakdown of the reportable segments for the six months ended June 30, 2020 and June 30, 2019. Non-mining activities and other administrative operations are reported in the Corporate column.


	Six months Ended
	June 30, 2020
(thousands of dollars)	Corporate		Uranium		Lithium		Graphite		Total
Statement of Operations
Mineral property expenses	$	—	$	1,172	$	—	$	6	$	1,178
Product development expenses		—		—		—		301		301
General and administrative		2,283		868		—		287		3,438
Arbitration expenses		697		—		—		—		697
Accretion of asset retirement costs		—		138		—		—		138
Depreciation and amortization		24		6		—		—		30
		3,004		2,184		—		594		5,782
Loss from operations		(3,004)		(2,184)		—		(594)		(5,782)
Other income		28		—		—		—		28
Loss before taxes	$	(2,976)	$	(2,184)	$	—	$	(594)	$	(5,754)


	Six months Ended
	June 30, 2019
(thousands of dollars)	Corporate		Uranium		Lithium		Graphite		Total
Statement of Operations
Mineral property expenses	$	—	$	1,358	$	3	$	65	$	1,426
Product development expenses		—		—		—		32		32
General and administrative		2,364		825		—		216		3,405
Arbitration expenses		485		—		—		—		485
Accretion of asset retirement costs		—		156		—		—		156
Depreciation and amortization		2		46		—		—		48
		2,851		2,385		3		313		5,552
Loss from operations		(2,851)		(2,385)		(3)		(313)		(5,552)
Other (expense)		(397)		—		—		—		(397)
Loss before taxes	$	(3,248)	$	(2,385)	$	(3)	$	(313)	$	(5,949)