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CONSOLIDATED STATEMENTS OF CHANGES IN CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
OPERATING ACTIVITIES:      
Net loss $ (12,964,704) $ (10,454,427) $ (9,638,773)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation, amortization and depletion 5,893,783 7,727,433 6,876,322
(Gain)/Loss on sale of properties, plant, and equipment (357,037) (158,148) 45,499
Stock payments and stock-based compensation 18,900 443,036 1,875,792
Accretion of reclamation liability 185,778 259,573 343,717
Amortization of debt discounts and issuance costs 456,757 566,723 621,196
Payment of interest expense and sales tax with common stock 337,863 0 0
Loss on payment of debt obligation with common stock 150,166 0 0
Change in fair value of shares issued to pay debt obligations 1,690,795 0 0
Net change in fair values of derivatives 0 0 963,169
Changes in operating assets and liabilities:      
Accounts receivable 24,642 297,764 (307,777)
Inventories 450,951 (22,716) 163,726
Stockpiles and mineralized material on leach pads 1,322,211 420,842 (1,195,573)
Prepaid expenses and other current assets 76,297 (158,523) (115,926)
Other assets (273,342) 20,872 25,881
Accounts payable 472,165 38,891 (333,320)
Accrued expenses (83,158) (1,977,933) (1,744,638)
NET CASH USED IN OPERATING ACTIVITIES (2,597,933) (2,996,613) (2,420,705)
INVESTING ACTIVITIES:      
Purchase of mineral rights and properties, plant and equipment (746,536) (5,770,715) (2,624,691)
Proceeds from sale of mineral rights and properties, plant and equipment 3,287,811 754,040 150,415
Change in reclamation bond deposit 20,260 (100,000) (800,000)
NET CASH PROVIDED BY (USED) IN INVESTING ACTIVITIES 2,561,535 (5,116,675) (3,274,276)
FINANCING ACTIVITIES:      
Principal payments on long-term debt and capital lease obligations (6,304,657) (10,855,345) (6,993,213)
Proceeds from long-term debt obligations 925,000 9,419,392 4,626,289
Proceeds from the issuance of common stock 4,547,889 6,000,000 10,993,282
Common stock issuance costs (610,645) (96,393) (32,019)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (1,442,413) 4,467,654 8,594,339
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (1,478,811) (3,645,634) 2,899,358
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 1,663,170 5,308,804 2,409,446
CASH AND CASH EQUIVALENTS, END OF YEAR 184,359 1,663,170 5,308,804
SUPPLEMENTAL CASH FLOW INFORMATION:      
Cash paid for interest 537,510 1,099,306 736,320
Cash paid for income taxes 0 0 0
Supplemental disclosure of non-cash investing and financing      
Issuance of common stock for properties, plant and equipment 16,265 1,024,790 1,014,957
Property transferred in satisfaction of accounts payable 1,100,000 0 0
Reduction of derivative with issuance of long term debt obligation 0 1,170,000 0
Effective repurchase of common stock with issuance of long-term debt obligation 0 783,118 0
Additions to reclamation liability and retirement obligation asset 340,000 659,295 140,573
Properties, plant and equipment purchases in current liabilities 0 531,985 402,803
Reclamation bond deposit included in accrued expenses and other liabilities 0 0 100,000
Conversion of Series A-1, A-2 and Series B convertible preferred stock 0 35,723 612
Dividends paid in common stock (par value) 0 7,887 1,502
Issuance of common stock for long-term debt obligations payment      
Supplemental disclosure of non-cash investing and financing      
Issuance of stock 2,529,755 0 274,119
Issuance of Common stock for mineral lease      
Supplemental disclosure of non-cash investing and financing      
Issuance of stock 482,525 0 0
Issuance of long-term debt and capital lease obligations for purchase of mineral rights and properties, plant and equipment      
Supplemental disclosure of non-cash investing and financing      
Issuance of long-term debt $ 3,243,125 $ 2,046,745 $ 3,730,163