| Aug'19 | Aug'18 | Aug'17 | Aug'16 | Aug'15 | Aug'14 | Aug'13 | Aug'12 | Aug'11 | Aug'10 |
|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||
Net income (loss) | |||||||||
4,811 | 414 | -1,710 | -1,310 | -23,127 | -311 | -4,150 | -17,418 | -6,016 | - |
Adjustments to reconcile net income to net cash used in operating activities: | |||||||||
Share-based compensation expense | |||||||||
336 | 324 | 233 | 219 | 239 | 251 | 66 | 54 | 94 | 87 |
Depreciation, depletion and other non-cash items | |||||||||
- | - | - | - | - | - | - | - | 297 | - |
Net loss | |||||||||
- | - | - | - | - | - | - | - | - | -5,391 |
Imputed interest on Tap Participation Fee payable to HP A&M | |||||||||
- | - | - | - | - | - | 3,275 | 3,470 | 3,847 | 3,620 |
Depreciation and depletion | |||||||||
1,280 | 902 | 734 | 420 | 347 | 196 | 313 | 307 | - | 258 |
Bad debt (recovery) expense | |||||||||
-37 | 79 | 0 | 0 | - | - | - | - | - | - |
Investment in Well Enhancement and Recovery Systems LLC | |||||||||
-6 | -10 | -10 | -10 | - | - | - | - | - | - |
The amount of interest income and other non-cash income recognized during the period. | |||||||||
0 | 2 | 14 | 41 | - | - | - | - | - | - |
Interest added to receivable from related parties | |||||||||
41 | 17 | 34 | 29 | - | - | - | - | - | - |
Deferred income taxes | |||||||||
-1,284 | 0 | - | - | - | - | - | - | - | - |
Investment in Well Enhancement Recovery Systems, LLC | |||||||||
- | - | - | - | 4 | -37 | 0 | 0 | - | - |
Impairment of water assets | |||||||||
- | - | - | - | - | - | - | 5,544 | - | - |
Impairment of land and water rights held for sale | |||||||||
- | - | - | - | - | - | 0 | 6,457 | - | - |
(Loss) Gain on the sale of land and water rights held for sale | |||||||||
- | - | - | - | - | - | 0 | 0 | - | - |
Interest income and other non-cash items | |||||||||
- | - | - | - | 0 | 0 | 0 | 0 | - | - |
Impairment of water assets | |||||||||
- | - | - | - | - | - | - | - | 0 | - |
Impairment of land and water rights held for sale | |||||||||
- | - | - | - | - | - | - | - | 0 | - |
Interest expensed on Convertible Note - Related Party | |||||||||
- | - | - | - | - | - | - | - | 151 | - |
Interest added to receivable from related parties | |||||||||
- | - | - | - | 15 | 12 | 12 | 12 | 12 | - |
Interest added to construction proceeds receivable | |||||||||
- | - | - | - | - | - | - | 19 | 22 | - |
Gain on sale of fixed assets | |||||||||
- | - | - | - | - | - | - | 1 | 0 | - |
Gain on extinguishment of contingent obligations | |||||||||
- | - | - | - | - | 832 | 0 | - | - | - |
Changes in operating assets and liabilities: | |||||||||
Inventories | |||||||||
5,018 | 1,217 | 0 | 0 | - | - | - | - | - | - |
Interest added to receivable from Rangeview Metropolitan District | |||||||||
- | - | - | - | - | - | - | - | - | 12 |
Interest added to construction proceeds receivable | |||||||||
- | - | - | - | - | - | - | - | - | -26 |
Gain on sale of fixed assets | |||||||||
- | - | - | - | - | - | - | - | - | 9 |
Trade accounts receivable | |||||||||
-4 | 369 | 482 | 23 | -918 | 1,041 | 449 | 36 | 27 | 7 |
Sky Ranch Receivable | |||||||||
- | - | - | - | - | - | 57 | 0 | 0 | - |
Prepaid expenses | |||||||||
700 | 959 | 152 | 122 | -43 | 168 | -125 | 37 | 5 | - |
Notes receivable - related parties | |||||||||
40 | 110 | 156 | 31 | - | - | - | - | - | - |
Note receivable - related parties | |||||||||
- | - | - | - | 105 | -6 | 519 | 0 | 0 | - |
Rangeview Metropolitan District note receivable | |||||||||
- | - | - | - | - | - | 0 | - | - | - |
Accounts payable and accrued liabilities | |||||||||
-368 | 750 | 477 | -269 | -848 | 1,191 | 120 | 246 | 72 | - |
Income taxes | |||||||||
0 | -282 | 0 | -292 | 292 | 0 | 0 | - | - | - |
Deferred revenues | |||||||||
3,630 | 360 | -55 | -55 | - | - | - | - | - | - |
The increase (decrease) during the reporting period in the obligation created by deferred revenue leases. | |||||||||
951 | 116 | -19 | -360 | - | - | - | - | - | - |
Interest accrued on agriculture land promissory notes | |||||||||
- | - | - | - | - | - | 0 | - | - | - |
Interest receivable and prepaid expenses | |||||||||
- | - | - | - | - | - | - | - | - | 81 |
Accounts payable and accrued liabilities | |||||||||
- | - | - | - | - | - | - | - | - | 33 |
Deferred revenues | |||||||||
- | - | - | - | -64 | -65 | -65 | -27 | -55 | -55 |
Deferred oil & gas lease payment | |||||||||
- | - | - | - | 645 | -790 | 403 | 414 | -1,053 | - |
Net cash provided by (used in) operating activities from continuing operations | |||||||||
- | - | -1,171 | -1,886 | -22,961 | -32 | - | - | - | - |
Net cash provided by operating activities from discontinued operations | |||||||||
- | - | 118 | 1,615 | 21,987 | 84 | - | - | - | - |
Net cash provided by (used in) operating activities | |||||||||
3,530 | 0 | -1,052 | -270 | -974 | 51 | -1,756 | -1,887 | -623 | -1,584 |
Cash flows from investing activities: | |||||||||
The cash outflow associated with the purchase of water, water systems and land. | |||||||||
14,106 | 1,046 | 2,486 | 1,209 | - | - | - | - | - | - |
Investments in Sky Ranch pipeline | |||||||||
0 | 241 | 4,368 | 0 | 0 | - | - | - | - | - |
Investments in Sky Ranch land development | |||||||||
0 | 3,977 | 902 | 0 | 0 | - | - | - | - | - |
Purchases of marketable securities | |||||||||
- | - | - | - | - | - | - | 1,235 | 6,357 | - |
Sales and maturities of marketable securities | |||||||||
55,697 | 34,057 | 9,786 | 2,840 | 0 | 0 | 1,101 | 4,724 | 3,202 | 1,561 |
Purchase of short-term investments | |||||||||
- | - | - | - | 0 | 0 | - | - | - | - |
Purchase of long-term investments | |||||||||
- | - | - | - | 0 | 0 | - | - | - | - |
Purchase of short-term investments | |||||||||
52,040 | 22,645 | 0 | 25,970 | - | - | - | - | - | - |
Purchase of long-term investments | |||||||||
0 | 0 | 0 | 6,855 | - | - | - | - | - | - |
Purchase of property and equipment | |||||||||
353 | 445 | - | - | - | - | - | - | - | - |
Investments in water, water systems, and land | |||||||||
- | - | - | - | 2,101 | 3,864 | 378 | 132 | 6,841 | 19 |
Proceeds from sale of land and easments | |||||||||
- | - | - | - | - | 192 | 0 | 1 | - | - |
Proceeds from sale of collateral stock | |||||||||
- | - | - | - | - | - | 3,415 | 0 | 5,401 | - |
Proceeds from sale of land | |||||||||
- | - | - | - | - | - | - | - | 0 | - |
Proceeds from sale of collateral stock | |||||||||
- | - | - | - | - | - | - | - | 0 | - |
Sale of property and equipment | |||||||||
- | - | - | - | - | - | - | - | - | 10 |
Other investing activities | |||||||||
- | - | - | - | - | - | - | - | - | 10 |
Excrow payment for Sky Ranch acquisition | |||||||||
- | - | - | - | - | - | - | - | - | 735 |
Purchase of property and equipment | |||||||||
- | - | 95 | 472 | 17 | 3 | 40 | 3 | 0 | 100 |
Net cash provided by (used in) investing activities from continuing operations | |||||||||
- | - | 1,933 | -31,667 | -2,118 | -3,674 | - | - | - | - |
Net cash provided by (used in) investing activities from discontinued operations | |||||||||
- | - | 0 | -451 | 44,650 | 5,811 | - | - | - | - |
Proceeds from sale of farm land | |||||||||
- | - | - | - | - | - | 0 | 0 | - | - |
Net cash used in investing activities | |||||||||
-10,803 | 5,700 | 1,933 | -32,118 | 42,531 | 2,136 | 4,098 | 3,353 | -9,996 | 806 |
Cash flows from financing activities: | |||||||||
Proceeds from note receivable - related parties | |||||||||
0 | 215 | 0 | 0 | - | - | - | - | 5,200 | - |
Proceeds from exercise of options | |||||||||
193 | 75 | 0 | 0 | - | - | - | - | - | - |
Arapahoe County construction proceeds | |||||||||
- | - | - | - | - | - | 291 | 84 | 82 | 89 |
Proceeds from exercise of options | |||||||||
- | - | - | - | -48 | 0 | 0 | - | - | - |
Amount of cash outflow for the payment of export water contingent liability holders during the period. | |||||||||
6 | 2 | 2 | 2 | 8 | 6 | 16 | 0 | 4 | -4 |
Net cash provided (used in) by financing activities from continuing operations | |||||||||
- | - | -2 | -2 | 40 | -6 | - | - | - | - |
Net cash provided (used) in financing activities from discontinued operations | |||||||||
- | - | 0 | 0 | -6,258 | -2,880 | - | - | - | - |
Proceeds from borrowings on promissory notes payable | |||||||||
- | - | - | - | - | - | 0 | - | - | - |
Payments made on promissory notes payable | |||||||||
- | - | - | - | - | - | 1,792 | - | 0 | - |
Net cash provided by (used in) financing activities | |||||||||
186 | 287 | -2 | -2 | -6,218 | -2,886 | -1,516 | 84 | 10,679 | 84 |
Net change in cash and cash equivalents | |||||||||
-7,087 | 5,989 | - | - | - | - | - | - | - | - |
Net change in cash and cash equivalents | |||||||||
- | - | 878 | -32,391 | 35,339 | -698 | 824 | 1,551 | 59 | -693 |
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES | |||||||||
Value of inventories included in accounts payable and accrued liabilities in noncash transactions. | |||||||||
1,399 | 0 | - | - | - | - | - | - | - | - |
Investments based on water, water systems and land included in accounts payable and accrued liabilities in noncash transactions. | |||||||||
930 | 0 | - | - | - | - | - | - | - | - |
Value of income taxes transferred to income taxes receivable in noncash transactions. | |||||||||
282 | 0 | - | - | - | - | - | - | - | - |
Retirement of collateral stock | |||||||||
- | - | 0 | 1,407 | 0 | 0 | - | - | - | - |
Value of prepaid assets transferred to other assets in noncash transactions. | |||||||||
0 | 89 | 0 | 0 | - | - | - | - | - | - |
Value of land and mineral interest transferred to inventory in noncash transactions. | |||||||||
0 | 3,977 | 0 | 0 | - | - | - | - | - | - |
Reduction in Tap Participation Fee liability resulting from remedies under the Arkansas River Agreement | |||||||||
- | - | - | - | - | 53,317 | 11,737 | 0 | - | - |
Reduction in Tap Participation Fee liability, HP A&M receivable, collateral stock, and mineral interests received as a result of settlement of the Arkansas River Agreement | |||||||||
- | - | - | - | 1,894 | 0 | - | - | - | - |
Assets acquired through WISE funding obligation | |||||||||
- | - | - | - | 1,381 | 0 | - | - | - | - |
Mortgage payable and related party receivable recorded upon HP A&M default | |||||||||
- | - | - | - | - | - | - | 9,550 | - | - |
Farm revenue allocated against the Tap Participation Fee liability and additional paid in capital thru August 3, 2012 | |||||||||
- | - | - | - | - | - | - | 189 | - | - |
Supplement Disclosures of non-cash activities, Total | |||||||||
- | - | - | - | - | - | - | 9,739 | - | - |