XML 22 R6.htm IDEA: XBRL DOCUMENT v3.20.2
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:      
Net income/(loss)   $ 2,622 $ (8,194)
Adjustments to reconcile net income/(loss) for the period to net cash used in operations:      
Depreciation and amortization $ 11 34 40
Stock-based compensation   757 615
Gain on disposal of mineral property (3,540) (6,108)  
(Gain)/Loss on other investments (2,437) (2,407) 1,951
Change in working capital account items:      
Other current assets   292 217
Provision for environmental liability     (2)
Accounts payable, accrued liabilities and other   112 183
Net cash used in operating activities   (4,698) (5,190)
Cash flows from investing activities:      
Proceeds from sales of marketable securities   5,788  
Disposition (acquisitions) of short-term investments, net   (789) 3,886
Additions to plant and equipment     (40)
Proceeds from option/sale agreements, net   3,048 1,667
Net cash provided by investing activities   8,047 5,513
Cash flows from financing activities:      
Proceeds from equity financings, net   1,436  
Payment of taxes from withheld shares   (124) (76)
Proceeds from exercise of stock options   37 66
Net cash provided by (used in) financing activities   1,349 (10)
Net increase in cash and cash equivalents   4,698 313
Cash and cash equivalents, beginning of period   1,408 1,071
Cash and cash equivalents, end of period $ 6,106 $ 6,106 $ 1,384