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Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities    
Net loss $ (3,483) $ (7,492)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation 25 31
Loss on fixed asset disposal 3
Cost of options issued to employees, directors and others as non-cash compensation 40 1,253
Amortization of debt discount and interest related to convertible bonds 300 258
Change in derivative liability (82) 2,566
Impairment of unproved oil and gas properties 228
Change in assets and liabilities, net:    
Other deposits 270 203
Prepaid expenses and other 138 109
Governmental receivables 342 669
Lease obligation - current 216
Lease obligation - non current 516
Right of Use Lease Assets (685)
Other receivables 28 (21)
Severance pay (3) 7
Accounts payable (79) (123)
Asset retirement obligation (29)
Accrued liabilities (158) 212
Net cash used in operating activities (2,416) (2,325)
Cash flows from investing activities    
Acquisition of property and equipment (3) (10)
Investment in unproved oil and gas properties (3,157) (8,403)
Net cash used in investing activities (3,160) (8,413)
Cash flows from financing activities    
Payments related to capital lease (6) (5)
Proceeds from exercise of stock options 1 18
Proceeds from Rights Offering 3,081
Proceeds from issuance of stock and exercise of warrants 5,636 5,953
Net cash provided by financing activities 5,631 9,047
Net (decrease), increase in cash, cash equivalents and restricted cash 55 (1,691)
Cash, cash equivalents and restricted cash - beginning of period 4,125 9,079
Cash, cash equivalents and restricted cash - end of period 4,180 7,388
Non-cash investing and financing activities:    
Cost of options capitalized to oil & gas properties 328
Unpaid investments in oil & gas properties 136 3,388
Convertible Bond interest paid in shares 327 331
10% Senior Convertible Bonds converted to shares 2 168
Capitalized convertible bond interest attributed to oil and gas properties $ 38 $ 156