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Consolidated Balance Sheets (USD $)
Sep. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 84,842 $ 1,000,811
Certificates of deposit 246,565 243,616
Accounts receivable, less allowance for doubtful accounts of $4,031 663,420 456,159
Inventories 879,605 1,192,189
Other current assets 48,696 18,529
Deferred tax asset 0 39,824
Total current assets 1,923,128 2,951,128
Properties, plants and equipment, net 11,067,077 9,508,975
Restricted cash for reclamation bonds 75,253 75,251
Deferred tax asset 0 189,627
Other assets 815,934 650,496
Total assets 13,881,392 13,375,477
Current liabilities:    
Accounts payable 1,847,681 1,181,223
Deferred revenue 91,692 0
Due to factor 181,018 23,536
Accrued payroll, taxes and interest 100,372 89,541
Other accrued liabilities 74,915 30,220
Payables to related parties 8,534 17,522
Long-term debt, current portion 141,611 280,597
Total current liabilities 2,445,823 1,622,639
Derivative liability 72,000 0
Long-term debt, net of current portion 263,522 157,466
Asset retirement obligation and accrued reclamation costs 255,570 249,540
Total liabilities 3,036,915 2,029,645
Commitments and contingencies (Note 6)      
Stockholders' equity:    
Preferred stock $0.01 par value, 10,000,000 shares authorized: Series A: -0- shares issued and outstanding 0 0
Series B: 750,000 shares issued and outstanding (liquidation preference $885,000) 7,500 7,500
Series C: 177,904 shares issued and outstanding (liquidation preference $97,847) 1,779 1,779
Series D: 1,751,005 shares issued and outstanding (liquidation preference of $4,755,582) 17,509 17,509
Common stock, $0.01 par vaue, 90,000,000 shares authorized; 62,621,726 and 61,896,726 shares issued and outstanding 626,217 618,966
Additional paid-in capital 31,322,632 30,745,650
Accumulated deficit (21,131,160) (20,045,572)
Total stockholders' equity 10,844,477 11,345,832
Total liabilities and stockholders' equity $ 13,881,392 $ 13,375,477