| Dec'18 | Dec'17 | Dec'16 | Dec'15 | |||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||
Reconciliation of net loss to net cash provided by operating activities: | ||||||
NET LOSS | ||||||
-15,554 | -5,392 | -41,599 | -62,315 | |||
Depreciation, depletion and amortization of property and equipment | ||||||
8,539 | 10,955 | 8,239 | 17,139 | |||
Loss on write-off of abandoned facilities | ||||||
0 | 71 | 829 | - | |||
Impairment of long lived assets | ||||||
- | - | - | 0 | |||
Impairment of other property and equipment | ||||||
794 | 0 | - | - | |||
Amortization of debt issuance costs | ||||||
416 | 363 | 148 | 210 | |||
Net deferred income tax expense | ||||||
- | - | 1,425 | 10,454 | |||
Deferred rent liability, net | ||||||
10 | 279 | 0 | - | |||
Stock-based compensation | ||||||
582 | 2,381 | 1,731 | 933 | |||
Settlement of asset retirement obligations | ||||||
-590 | -1,045 | -287 | -1,032 | |||
Asset retirement obligation accretion expense | ||||||
560 | 557 | 254 | 175 | |||
Impairment of oil and gas properties | ||||||
7,049 | 0 | 20,654 | 40,479 | |||
Bad debt expense | ||||||
433 | 335 | 556 | 0 | |||
Net gains (losses) from commodity derivatives | ||||||
-415 | 2,554 | -3,775 | 3,319 | |||
(Gain) loss on sales of fixed assets | ||||||
0 | 556 | -5 | - | |||
(Gain) loss on write-off of liabilities net of assets | ||||||
-113 | -58 | 4 | - | |||
Changes in assets and liabilities: | ||||||
(Increase) decrease in accounts receivable | ||||||
-1,354 | -285 | -3,698 | -1,133 | |||
(Increase) decrease in prepaids, deposits and other assets | ||||||
256 | -86 | -353 | -10,924 | |||
(Decrease) increase in accounts payable and other current and non-current liabilities | ||||||
176 | -2,462 | -4,090 | -4,738 | |||
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES | ||||||
3,819 | 3,246 | -4,299 | 10,044 | |||
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||
Capital expenditures on property and equipment | ||||||
8,189 | 10,704 | 10,066 | 23,301 | |||
Proceeds from sale of oil and gas properties | ||||||
2,372 | 5,400 | 1,152 | - | |||
Proceeds from sale of other fixed assets | ||||||
0 | 645 | 0 | 1,710 | |||
Merger with Yuma California | ||||||
- | - | 1,887 | 0 | |||
Derivative settlements | ||||||
-2,419 | 1,238 | 1,607 | 10,344 | |||
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES | ||||||
-8,236 | -3,419 | -5,419 | -11,247 | |||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||
Proceeds from borrowings on senior credit facility | ||||||
14,300 | 13,275 | 18,700 | 10,000 | |||
Repayment of borrowings on senior credit facility | ||||||
8,000 | 25,075 | 9,000 | 15,000 | |||
Proceeds from borrowings - insurance financing | ||||||
902 | 763 | 247 | 0 | |||
Repayments of borrowings - insurance financing | ||||||
810 | 711 | 49 | - | |||
Debt issuance costs | ||||||
0 | 353 | 208 | 0 | |||
Net proceeds (expenses) from common stock offering | ||||||
-64 | 8,812 | 0 | - | |||
Treasury stock repurchases | ||||||
413 | 25 | 408 | 210 | |||
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES | ||||||
5,913 | -3,314 | 9,280 | -5,210 | |||
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS | ||||||
1,497 | -3,488 | -438 | -6,412 | |||
Supplemental disclosure of cash flow information: | ||||||
Interest payments (net of interest capitalized) | ||||||
1,685 | 1,369 | 590 | - | |||
Interest payments (net of interest capitalized) | ||||||
- | - | - | 362 | |||
Interest capitalized | ||||||
133 | 317 | 26 | 0 | |||
Income tax refund | ||||||
0 | 20 | 0 | 0 | |||
Supplemental disclosure of significant non-cash activity: | ||||||
Change in capital expenditures financed by accounts payable | ||||||
4,026 | -2,608 | 323 | 13,729 | |||