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ACQUISITIONS (Tables)
 9 Months Ended
Sep. 30, 2019
Golden Ridge Rice Mills [Member]  
Business Acquisition [Line Items]  
Identified Assets Acquired and Liabilities Assumed Based on Estimated Fair Value
The following table summarizes the purchase price allocation as of closing and as revised (in thousands, except share and per share amounts).

  
Estimated at
Acquisition and as of
December 31, 2018
  
Adjustments
  
Estimated as of
September 30, 2019
 
1,666,667 shares of common stock, at fair value of $3.00 per share at closing
 
$
5,000
  
$
-
  
$
5,000
 
Golden Ridge financial liabilities paid for the seller
  
2,661
   
-
   
2,661
 
Cash
  
250
   
-
   
250
 
Note payable to seller
  
609
   
-
   
609
 
Working capital adjustment to purchase price
  
(1,147
)
  
584
   
(563
)
Total fair value of consideration transferred
  
7,373
   
584
   
7,957
 
             
Cash
  
409
   
(63
)
  
346
 
Accounts receivable
  
1,587
   
87
   
1,674
 
Inventories
  
103
   
-
   
103
 
Property and equipment
  
5,092
   
-
   
5,092
 
Accounts payable
  
(222
)
  
110
   
(112
)
Commodities payable
  
(2,559
)
  
432
   
(2,127
)
Accrued liabilities
  
(12
)
  
12
   
-
 
Lease liabilities
  
(104
)
  
-
   
(104
)
Equipment notes payable
  
(99
)
  
6
   
(93
)
Net recognized amounts of identifiable assets acquired and liabilities assumed
  
4,195
   
584
   
4,779
 
Goodwill
 
$
3,178
  
$
-
  
$
3,178
 
MGI Grain Processing LLC [Member]  
Business Acquisition [Line Items]  
Identified Assets Acquired and Liabilities Assumed Based on Estimated Fair Value
The following table summarizes the preliminary purchase price allocation, the consideration transferred to acquire MGI and the amounts of identified assets acquired and liabilities assumed (in thousands).

  
Estimated at
June 30, 2019
  
Adjustments
  
Estimated at
September 30,
2019
 
Cash
 
$
3,795
     
$
3,795
 
Working capital adjustment to purchase price
  
(38
)
  
10
   
(28
)
Total fair value of consideration transferred
  
3,757
   
10
   
3,767
 
Accounts receivable
  
591
       
591
 
Inventories
  
149
       
149
 
Deposits and other current assets
  
4
   
(2
)
  
2
 
Property and equipment
  
1,560
       
1,560
 
Customer relationship
  
930
       
930
 
Other finite-lived intangible assets
  
35
       
35
 
Accounts payable
  
(219
)
      
(219
)
Finance lease liabilities
  
(18
)
  
-
   
(18
)
Net recognized amounts of identifiable assets acquired and liabilities assumed
   3,032   
(2
)
  
3,030
 
Goodwill
 
$
725
  
$
12
  
$
737
 
Pro Forma Financial Information
The following table provides unaudited pro forma information for the periods presented as if the MGI acquisition had occurred January 1, 2018 (in thousands, except share and per share amounts).

  
Three Months Ended
  
Nine Months Ended
 
  
2019
  
2018
  
2019
  
2018
 
Revenues
 
$
5,300
  
$
4,110
  
$
19,083
  
$
12,360
 
Loss from continuing operations
 
$
(3,326
)
 
$
(1,568
)
 
$
(9,865
)
 
$
(5,497
)
Loss per share - continuing operations
 
$
(0.09
)
 
$
(0.07
)
 
$
(0.31
)
 
$
(0.27
)
Weighted average number of common shares outstanding - basic and diluted
  
33,057,010
   
24,092,172
   
31,947,087
   
20,538,309