US ENERGY CORP USEG Cash Flow

Us energy corp (USEG)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Cash flows from operating activities:
Net income (loss)
-306	-304	-281	20	15	-90	467	-1,095	-322	-574	-383	336	-740	963	-265	-4,216	-10,602	-39,262	-23,651	-6,280	-23,703	-2,334	-63	56	250	-1,220	-834	573	-5,898	-7,929	-1,945	-990	-381	-2,791	268	-75	-2,209
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-121	-2,327	-23,227	-926	-675	-784	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss from discontinued operations includes non-cash impairment of $-0-, $-0-, and $1,891
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	128	-206	-232	548	75	1,235	-64	2,158	219	123	129
Loss from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-706	367	-6,130	-7,381	-1,870	245	-445	309	49	-198	-2,338
Loss from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8,275	-	-22,725	-5,605	-22,919	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation, depletion, accretion, and amortization
142	142	237	247	202	61	114	173	178	158	58	370	304	107	704	900	818	1,251	2,304	2,092	2,910	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28	7	47	143	377	9	0
Losses related to equity method investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,224	11	-26	-25	-191	-17	-91	-60	-19	-63	-65	-64
Gain on sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	64	41	0	16	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance cost amortization
-	0	0	0	7	2	3	4	3	-	-	-	-	-	-	-	-	-	14	16	12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (loss) on marketable equity securities
-76	6	-240	-7	12	-419	203	-45	-78	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation, depletion & amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,689	3,651	3,362	-	3,272	3,282	3,532	3,915	3,562	4,182	3,798	4,378	4,009	3,269	2,937
Change in fair value of commodity derivative
-	-	-	-	-	37	-13	83	54	-	-	-	-	-	-	-	-	-	-	-	-	-	780	-238	-173	-	-768	328	-616	-163	-478	1,770	-59	-1,657	1,886	2,138	-1,241
Gain on warrant revaluation
-	-	-	-	-	-	288	-80	270	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrant revaluation (loss) gain
6	-	-	-	-8	-	-	-	-	620	70	-180	-340	-210	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of discount on treasury investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	15
Impairment of oil and gas properties
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	2,611	6,957	13,782	21,446	3,208	19,240	0	0	0	0	0	0	0	5,828	4,666	0	523	0	-	-	-	-
Change in fair value of commodity derivative contracts
-	-	-	-	-	-	-	-	-	-	-	311	0	-77	-97	-887	-573	632	1,337	-272	-63	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,136	-1,116	375	-455	-2,906	641	727	-2,452
Gain on sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	28	-	19	14	696	-1	-21	0	10	0	0	137	0
Stock-based compensation
42	6	9	13	13	13	13	597	13	34	77	106	106	115	30	34	34	617	107	109	115	-410	702	92	143	32	133	107	112	106	315	47	50	509	337	382	376
Right of use asset amortization
13	-	-	-	11	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	1	1	0	-5	-225	208	9	-28	-478	902	53	-105	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Decrease (increase) in:
Oil and natural gas sales receivable
-129	-366	-245	476	184	-230	185	-336	391	223	-177	-17	96	-131	-140	208	-517	58	-693	374	-1,773	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transaction deposit
-	-	-	-	-	-	0	0	-124	-250	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
105	-44	-57	-120	-10	104	-183	-68	255	-126	-103	-2	140	-160	-86	-138	298	-67	54	4	-54	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in:
Accounts payable and accrued liabilities
-4	-49	-34	120	63	84	-39	-35	-293	-	-	-	533	-	-163	-483	-465	-	-339	1,276	1,304	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncash services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	44	17	-	17	16	15	16	21	9	23	-	-	-	-30
Accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	861	-10	-212	270	2,924	427	-468	734	-	-	-	-	-	-	-	-
Accrued compensation and benefits
-160	164	-6	-32	3	-340	-219	537	19	-9	6	2	12	-13	11	-59	-1,072	-463	285	-33	23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on operating lease liability
-14	-14	-13	-13	-12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by operating activities
-181	341	476	-287	108	438	-142	627	-1,413	-186	-173	-200	-333	70	-41	-328	-1,106	-1,127	115	942	2,574	-	-	-	-	9,771	4,118	2,989	3,265	2,553	3,571	6,251	764	140	383	635	1,409
Cash flows from investing activities:
Acquisition of New Horizon Resources, net of cash acquired
122	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil and natural gas capital expenditures
6	234	-79	35	186	1,092	139	26	44	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Overpayment by operators
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,144	231	128	-	-	-	-	-	-	-	-	-	-	-	-
Net changes in assets and liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	292	-256	-54	-	-237	-1	771	-	-415	-2,556	2,269	-	2,490	-1,918	1,626
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,405	4,356	4,369	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of property and equipment
-	-	-	-	1	2	2	5	2	-	-	-	21	73	35	85	1	-260	333	1,700	1,847	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net redemption of treasury investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,085	5,749	11,009
Acquisition and development of oil and gas properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,306	11,045	8,495	-	4,953	1,587	6,074	4,626	7,155	18,483	12,047	6,566	13,919	16,196	13,584
Acquisition of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	11	1,202	-	0	0	0	1	-1	99	3	-23	21	28	16
Proceeds from sale of oil and gas properties and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	128	120	0	16	-	-	-	-	-	-	-	-	0	0	3,356	18,119	13,574	0	0	0
Net change in restricted investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-406	-915	6	24	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities:
-128	-159	79	-14	-187	-1,092	-141	-31	-46	1,699	0	23	-21	-73	-35	-85	-1	794	702	-206	-1,855	-	-	-	-	-22,862	9,695	-1,504	-3,548	-4,644	-7,117	-15,185	6,069	7,036	-11,649	-10,538	-2,624
Proceeds from sale of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	29	10	62	226	609	11	0
Proceeds from sale of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	28	-	19	14	2,563	0	54	0	22	0	0	147	0
Net change in restricted investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10	45	16	-	26	-69	37	17	46	-31	84	48	-243	173	33
Net cash (used in) investing activities:
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,296	414	-9,685	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from financing activities:
Payment on credit facility
61	0	0	0	937	0	0	0	600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for fractional shares in reverse stock split
1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock, net of fees
-	-	-	-	-	0	516	273	877	-27	0	0	0	-	-	-	-	-	-	-	-	55	0	-28	-27	-	0	0	0	1	-5	5	50	40	0	0	-186
Payment on short-term debt
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on insurance premium finance note payable
25	35	54	71	68	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-87	-35	-54	-71	-1,005	1	518	67	277	-50	0	0	0	1,318	-81	-27	1	-	-	-	-	-	-	-	-	1,800	-12,470	-72	-79	1,720	2,927	4,935	-12,015	752	7,984	10,008	2,814
Net decrease in cash and equivalents
-396	147	501	-372	-1,084	-653	235	663	-1,182	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-327	-145	-897	-645	-753	-	-	-	-	-3,047	54	181	84	-527	460	97	92	192	334	175	66
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-49	0	-5	-1
Net cash used in discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-1	1	-121	-327	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from new debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	6,000	2,000	-	0	0	0	-	-	-	-	-	-	-	-
Tax benefit from the exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000
Repayments of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-12,470	-72	-79	-281	-68	-70	-12,065	-	-	-	0
Net cash provided by (used in) financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-3,028	1,973	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash and equivalents
-	-	-	-	-	-	-	-	-	-	-173	-177	-354	1,314	-156	-561	-1,433	-613	-100	91	-34	-353	109	1,742	-3,343	317	1,397	1,594	-278	-898	-159	-3,902	-5,090	8,071	-2,948	275	1,664
Supplemental disclosures of cash flow information and non-cash activities:
Cash payments for interest
-	-15	2	2	22	14	20	33	52	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investing activities:
Issuance of stock in acquisition of New Horizon Resources
240	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in capital expenditure accruals
-1	152	-77	396	-295	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in accrued capital expenditures for oil and gas properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,437	0	1,197	128	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adoption of lease standard
-	24	0	0	228	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset retirement obligations
163	-	-	-	-15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financing activities:
New Horizon credit facility assumed
61	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financing of insurance premiums with note payable
199	0	0	0	228	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Interest paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	66	63	140	0	149	96	53	86	20	115	69	47	-1	64	110	90	85	5
Issuance of preferred stock in disposition of mining segment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	86	-	-	-	-	-182	243	-5	0	-	-	-	25	-	6	-61	62	20	-60	45	96	-51	-238	-266	633
Issuance of preferred stock in disposition of mining segment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized gain (loss) on marketable equity securities
-	-	-	-	-	-	-	-	-	-	-	-	86	-	-	-	-	-182	243	-5	0	-	-	-	25	-	6	-61	62	20	-60	45	96	-51	-238	-266	633
Net additions to oil and gas properties through asset retirement obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	1	28	33	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition and development of oil and gas properties through accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	406	1,779	596	-	1,671	9	230	1,523	-1,617	4,715	1,581	-3,797	202	1,599	4,088
Increase in oil and gas properties through asset retirement obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	115	52	76	-	25	25	11	9	41	47	45	52	0	130	4
Income tax paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0