Zion oil & gas inc (ZN)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets [Abstract]
Current assets
Cash and cash equivalents

6,454

4,845

3,380

3,077

2,024

2,791

5,318

5,937

4,770

6,892

5,367

3,828

3,862

3,192

3,742

4,468

3,900

2,871

4,214

4,601

4,814

5,344

6,426

7,323

7,804

10,414

12,632

12,579

13,739

14,983

17,019

17,132

19,553

22,231

24,909

7,090

21,243

Fixed short term bank deposits - restricted (see Note 5D)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,293

1,328

1,322

-

-

-

-

-

-

-

-

-

-

-

-

Fixed short term bank and escrow deposits - restricted

2,090

1,090

1,262

1,103

1,100

1,325

408

521

584

1,197

2,047

2,092

1,815

1,295

-

-

-

1,301

1,299

1,296

1,281

1,298

230

701

901

1,387

327

321

290

284

272

270

282

269

274

256

250

Fixed short term bank deposits - restricted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,283

1,276

1,269

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fixed short term time deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

531

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other

674

511

243

323

420

461

256

325

432

434

206

410

562

347

152

227

347

360

165

193

242

280

156

201

320

294

394

394

305

394

436

438

334

347

63

668

876

Other deposits

-

197

194

10

150

280

290

337

533

540

530

533

264

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred offering costs

-

-

-

-

-

-

-

-

79

-

-

-

-

-

83

82

136

134

-

4

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

295

-

Governmental receivables

10

34

354

19

6

361

719

568

562

1,237

-

-

-

62

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other receivables

421

222

356

125

139

153

278

154

154

133

1,542

720

877

82

158

129

1,158

374

398

25

41

181

142

147

248

45

70

313

9

607

-

-

-

-

-

-

-

Refundable value-added tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

250

196

87

-

752

2,686

801

Total current assets

9,649

6,899

5,789

4,657

3,839

5,371

7,269

7,842

7,114

10,433

9,692

7,583

7,380

4,978

5,418

6,182

6,810

5,040

6,076

6,119

6,378

7,634

8,247

9,700

10,595

12,140

13,423

13,607

14,343

16,268

17,977

18,036

20,256

22,847

25,998

10,995

23,170

Unproved oil and gas properties, full cost method (see Note 4)

10,860

10,637

8,709

7,121

6,900

6,714

34,083

30,339

25,934

21,695

16,891

11,455

8,452

6,397

6,053

5,864

5,459

5,022

4,460

4,207

4,056

3,891

3,526

2,782

2,577

2,446

3,428

3,243

3,072

4,700

5,838

4,247

3,874

3,535

3,324

42,134

25,882

Property and equipment at cost
Net of accumulated depreciation of $520 and $505

103

115

122

134

146

156

164

172

190

196

191

200

186

113

118

129

141

144

147

159

171

186

174

194

207

209

186

203

210

222

232

247

251

239

227

215

159

Right of Use Lease Assets (see Note 7)

582

634

639

685

730

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets
Drilling rig and related inventory (see note 2J)

4,609

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fixed long term bank deposits - restricted

-

-

-

-

11

9

930

930

991

990

37

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets held for severance benefits

373

371

326

306

288

271

273

258

244

234

212

-

-

162

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fixed long term bank deposits - restricted

-

-

-

-

-

-

-

-

-

-

-

-

76

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other assets

4,982

371

326

306

299

280

1,203

1,188

1,235

1,224

249

205

188

162

253

255

245

226

201

202

170

169

180

180

165

144

130

139

136

114

188

171

165

146

133

128

92

Total other assets

-

-

-

-

-

-

-

-

-

-

-

-

264

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

26,176

18,656

15,585

12,903

11,914

12,521

42,719

39,541

34,473

33,548

27,023

19,443

16,282

11,650

11,842

12,430

12,655

10,432

10,884

10,687

10,775

11,880

12,127

12,856

13,544

14,939

17,167

17,192

17,761

21,304

24,235

22,701

24,546

26,767

29,682

53,472

49,303

Liabilities and Stockholders'Equity
Current liabilities
Accounts payable

211

108

490

305

699

2,811

1,706

2,288

1,890

2,750

2,338

622

193

181

285

73

301

396

123

140

80

132

113

86

327

138

157

167

92

631

548

191

274

261

252

251

388

Obligation under capital lease

26

-

21

24

27

30

33

34

37

39

42

44

49

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease obligation - current (see Note 7)

240

239

224

216

210

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset retirement obligation

571

585

678

691

696

720

470

470

470

470

470

470

470

200

200

201

201

204

445

500

149

163

279

292

311

483

851

1,004

870

870

870

870

870

870

870

50

50

Estimated liability for defending legal claims (see Note 7)

-

-

-

-

-

-

500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Derivative liability (see Note 6)

113

129

173

263

723

345

984

4,432

5,400

1,866

3,562

3,475

622

895

1,043

1,124

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued liabilities

656

826

1,237

489

852

958

877

1,834

956

1,701

1,548

1,820

1,091

677

483

401

298

853

1,765

1,683

1,621

870

1,263

1,341

1,509

1,474

1,291

1,413

1,387

1,358

1,443

1,680

2,317

2,716

3,050

7,473

2,136

Deferred officers' compensation - short-term

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21

Total current liabilities

1,817

1,887

2,802

1,964

3,180

4,834

4,537

9,024

8,716

6,787

7,918

6,387

2,376

1,953

2,011

1,799

800

1,453

2,333

2,323

1,850

1,165

1,655

1,719

2,147

2,095

2,299

2,584

2,349

2,859

2,861

2,741

3,461

3,847

4,172

7,774

2,595

Long-term liabilities
10% Senior convertible bonds, net of unamortized deferred financing cost of $30 and $36 and unamortized debt discount of $523 and $639 at March 31, 2020 and December 31, 2019 respectively (see Note 5)

2,693

2,574

2,476

2,398

2,309

2,211

2,152

2,092

2,015

2,002

1,941

1,915

1,883

1,826

1,773

1,733

3,470

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease obligation - non-current (see Note 7)

377

450

469

516

564

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Obligation under capital lease

-

19

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for severance pay

404

402

385

349

331

317

327

311

288

280

261

248

228

206

307

285

275

249

231

224

201

195

208

205

189

177

155

168

167

199

484

391

464

428

422

431

339

Total long-term liabilities

3,474

3,445

3,351

3,287

3,231

2,558

2,512

2,437

2,340

2,321

2,244

2,207

2,160

2,032

2,080

2,018

3,745

249

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

5,291

5,332

6,153

5,251

6,411

7,392

7,049

11,461

11,056

9,108

10,162

8,594

4,536

3,985

4,091

3,817

4,545

1,702

2,564

2,547

2,051

1,360

1,863

1,924

2,336

2,272

2,454

2,752

2,516

3,058

3,345

3,132

3,925

4,275

4,594

8,205

2,934

Commitments and contingencies (see Note 8)

-

-

-

-

-

-

0

0

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Stockholders' equity
Common stock, par value $.01; Authorized: 200,000,000 shares at March 31, 2020: Issued and outstanding: 164,691,068 and 123,973,084 shares at March 31, 2020 and December 31, 2019 respectively

1,647

1,240

899

784

711

664

644

593

573

559

525

500

475

426

413

405

388

382

378

366

360

358

352

349

343

340

336

330

328

328

323

308

304

304

304

254

248

Additional paid-in capital

226,654

217,892

212,750

209,466

206,077

203,580

202,341

195,583

189,699

184,485

176,759

169,310

165,261

157,854

156,186

155,332

151,376

150,450

149,228

147,057

145,569

144,958

143,109

142,530

141,169

140,367

139,432

137,924

137,121

136,881

135,725

132,832

131,688

130,857

130,248

105,831

102,608

Accumulated deficit

-207,416

-205,808

-204,217

-202,598

-201,285

-199,115

-167,315

-168,096

-166,855

-160,604

-160,423

-158,961

-153,990

-150,615

-148,848

-147,124

-143,654

-142,102

-141,286

-139,283

-137,205

-134,796

-133,197

-

-

-128,040

-

-

-

-

-

-

-

-

-

-

-

Accumulated deficit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

131,947

130,304

-

125,055

123,814

122,204

118,963

115,158

113,571

111,371

108,669

105,464

60,818

56,487

Total stockholders' equity

20,885

13,324

9,432

7,652

5,503

5,129

35,670

28,080

23,417

24,440

16,861

10,849

11,746

7,665

7,751

8,613

8,110

8,730

8,320

8,140

8,724

10,520

10,264

10,932

11,208

12,667

14,713

14,440

15,245

18,246

20,890

19,569

20,621

22,492

25,088

45,267

46,369

Total liabilities and stockholders' equity

26,176

18,656

15,585

12,903

11,914

12,521

42,719

39,541

34,473

33,548

27,023

19,443

16,282

11,650

11,842

12,430

12,655

10,432

10,884

10,687

10,775

11,880

12,127

12,856

13,544

14,939

17,167

17,192

17,761

21,304

24,235

22,701

24,546

26,767

29,682

53,472

49,303