XML 23 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current    
Cash and cash equivalents $ 73 $ 35
Accounts receivable, less allowance for doubtful accounts of $14 $ 595 $ 877
Accounts receivable - related party, less allowance for doubtful accounts of $159
Inventory $ 656 $ 804
Deferred tax asset-current 68 68
Other current assets 159 311
Total current assets 1,551 2,095
Restricted cash 386 386
Loan fees, net 12 18
Oil and gas properties, net (full cost accounting method) 16,602 25,413
Manufactured Methane facilities, net 1,589 1,634
Other property and equipment, net 201 200
Deferred tax asset - noncurrent 10,855 7,283
Total assets 31,196 37,029
Current liabilities    
Accounts payable - trade 213 455
Accounts payable - other 159 159
Accounts payable - related party 628 590
Accrued and other current liabilities 321 759
Current maturities of long-term debt 65 65
Total current liabilities 1,386 2,028
Asset retirement obligation 2,078 2,008
Long term debt, less current maturities 1,107 824
Total liabilities $ 4,571 $ 4,860
Commitments and contingencies (Note 11)
Stockholders' equity    
Common stock, $.001 par value, authorized 100,000,000 shares, 60,842,413 shares issued and outstanding $ 61 $ 61
Additional paid-in capital 55,712 55,703
Accumulated deficit (29,148) (23,595)
Total stockholders' equity 26,625 32,169
Total liabilities and stockholders' equity $ 31,196 $ 37,029