GEOGRAPHIC AND SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2020

GEOGRAPHIC AND SEGMENT INFORMATION

Schedule of Segment Reporting Information

	September 30, 2020
(thousands of dollars)	Corporate		Graphite		Total
Net property, plant and equipment	$	24	$	8,972	$	8,996
Restricted cash		797		10		807
Operating lease right of use assets		383		—		383
Total long-term assets	$	1,204	$	8,982	$	10,186

	December 31, 2019
(thousands of dollars)	Corporate		Graphite		Total
Net property, plant and equipment	$	23	$	8,972	$	8,995
Restricted cash		787		10		797
Operating lease right of use assets		470		—		470
Total long-term assets	$	1,280	$	8,982	$	10,262

	Three months Ended
	September 30, 2020
(thousands of dollars)	Corporate		Graphite		Total
Statement of Operations
Mineral property expenses	$	—	$	12	$	12
Product development expenses		—		1,641		1,641
General and administrative expenses		1,347		189		1,536
Arbitration expenses		171		—		171
Depreciation and amortization		(19)		—		(19)
		1,499		1,842		3,341
Loss from operations		(1,499)		(1,842)		(3,341)
Other income/(expense)		(21)		—		(21)
Loss before taxes	$	(1,520)	$	(1,842)	$	(3,362)

	Three months Ended
	September 30, 2019
(thousands of dollars)	Corporate		Graphite		Total
Statement of Operations
Mineral property expenses	$	—	$	12	$	12
Product development expenses		—		19		19
General and administrative		936		67		1,003
Arbitration expenses		146		—		146
Depreciation and amortization		3		—		3
		1,085		98		1,183
Loss from operations		(1,085)		(98)		(1,183)
Other income		13		—		13
Loss before taxes	$	(1,072)	$	(98)	$	(1,170)

	Nine months Ended
	September 30, 2020
(thousands of dollars)	Corporate		Graphite		Total
Statement of Operations
Mineral property expenses	$	—	$	18	$	18
Product development expenses		—		1,942		1,942
General and administrative		3,630		476		4,106
Arbitration expenses		868		—		868
Accretion of asset retirement costs		—		—		—
Depreciation and amortization		5		—		5
		4,503		2,436		6,939
Loss from continuing operations		(4,503)		(2,436)		(6,939)
Other income		(7)		—		(7)
Loss before taxes	$	(4,496)	$	(2,436)	$	(6,932)

	Nine months Ended
	September 30, 2019
(thousands of dollars)	Corporate		Graphite		Total
Statement of Operations
Mineral property expenses	$	—	$	77	$	77
Product development expenses		—		51		51
General and administrative		3,300		283		3,583
Arbitration expenses		631		—		631
Accretion of asset retirement costs		—		—		—
Depreciation and amortization		5		—		5
		3,936		411		4,347
Loss from continuing operations		(3,936)		(411)		(4,347)
Other (expense)		(384)		—		(384)
Loss before taxes	$	(4,320)	$	(411)	$	(4,731)