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Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities    
Net loss $ (6,693) $ (38,511)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation 49 56
Loss on fixed asset disposal 3
Cost of options issued to employees, directors and others as non-cash compensation 316 1,507
Amortization of debt discount related to convertible bonds 366 385
Change in derivative liability (216) (1,521)
Impairment of unproved oil and gas properties 314 30,906
Change in assets and liabilities, net:    
Other deposits 83 260
Prepaid expenses and other (50) (27)
Governmental receivables 327 876
Other receivables (69) (20)
Lease obligation - current 239
Lease obligation - non current 450
Right of Use Lease Asset (634)
Severance pay, net (15)
Accounts payable (173) 75
Asset retirement obligation 32 178
Accrued liabilities (135)  
Net cash used in operating activities (5,809) (5,833)
Cash flows from investing activities    
Acquisition of property and equipment (8) (19)
Investment in unproved oil and gas properties (6,601) (15,931)
Net cash used in investing activities (6,609) (15,950)
Cash flows from financing activities    
Payments related to capital lease (11) (9)
Proceeds from exercise of stock options 7 19
Proceeds from Rights Offering 3,038
Proceeds from issuance of stock and exercise of warrants 14,232 13,781
Net cash provided by financing activities 14,228 16,829
Net increase (decrease), in cash, cash equivalents and restricted cash 1,810 (4,954)
Cash, cash equivalents and restricted cash - beginning of period 4,125 9,079
Cash, cash equivalents and restricted cash - end of period 5,935 4,125
Non-cash investing and financing activities:    
Cost of options capitalized to oil & gas properties 3 348
Unpaid investments in oil and gas properties 16 2,946
Convertible Bond interest paid in shares 327 331
Capitalized convertible bond interest attributed to oil and gas properties 313 331
10% Senior Convertible Bonds converted to shares $ 3 $ 176