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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current    
Cash and cash equivalents $ 3,055 $ 3,115
Accounts receivable 557 533
Inventory 415 464
Prepaid expenses 247 235
Other current assets 4  
Total current assets 4,278 4,347
Loan fees, net 4 9
Right of use asset - operating leases 41  
Oil and gas properties, net (full cost accounting method) 4,385 4,804
Other property and equipment, net 149 190
Accounts receivable - noncurrent 65 130
Other noncurrent assets   4
Total assets 8,922 9,484
Current liabilities    
Accounts payable - trade 269 132
Accrued liabilities 164 282
Lease liabilities - operating leases - current 41  
Lease liabilities - finance leases - current 61  
Current maturities of long-term debt   51
Asset retirement obligation - current 75 83
Total current liabilities 610 548
Lease liabilities - finance leases - noncurrent 41  
Long term debt, less current maturities   73
Asset retirement obligation - non current 1,923 2,096
Total liabilities 2,574 2,717
Commitments and contingencies (Note 9)
Preferred stock, 25,000,000 shares authorized:    
Series A Preferred stock, $0.0001 par value, 10,000 shares designated; 0 shares issued and outstanding
Common stock, $.001 par value, authorized 100,000,000 Shares, 10,658,775 and 10,639,290 shares issued and outstanding 11 11
Additional paid in capital 58,293 58,276
Accumulated deficit (51,956) (51,520)
Total stockholders' equity 6,348 6,767
Total liabilities and stockholders' equity $ 8,922 $ 9,484