Zion oil & gas inc (ZN)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Cash flows from operating activities
Net loss

-6,693

-38,511

-9,989

-8,513

-7,306

-6,756

-9,077

-10,294

Adjustments required to reconcile net loss to net cash used in operating activities:
Depreciation

49

56

49

56

61

80

86

74

Interest paid through issuance of common stock

-

-

-

-

-

-

-

0

Write-off of costs associated with public offering

-

-

-

-

-

-

-

0

Capital gain on sale of property and equipment

-

-

10

43

0

-

-

0

Loss on fixed asset disposal

-

-3

-

-

-

-

-

-

Cost of options issued to employees, directors and others as non-cash compensation

316

1,507

2,468

2,873

1,699

1,129

953

-

Interest and foreign exchange on short term and long term bank deposits

-

-

-

-

-11

-

-

-

Amortization of debt discount related to convertible bonds

366

385

325

357

0

-

-

-

Gain (Loss) on derivative liability

216

1,521

-971

731

0

-

-

-

Impairment of unproved oil and gas properties

314

30,906

-

-

-

-

-

-

Impairment of unproved oil and gas properties

-

-

-

-

-

-

3,289

1,965

Change in assets and liabilities, net:
Share-based compensation

-

-

-

-

-

-

-

0

Cost of options issued to employees, directors & others

-

-

-

-

-

-

-

1,893

Other deposits

-83

-260

540

-

0

-25

20

-

Decrease in inventories

-

-

-

-

-

-

-

0

Prepaid expenses and other

50

27

87

-13

80

-14

-100

47

Deferred Offering Cost

-

-

-

-

-

0

-

-

Governmental receivables

-327

-876

1,175

-185

193

136

-562

607

Lease obligation - current

239

-

-

-

-

-

-

-

Lease obligation - non current

450

-

-

-

-

-

-

-

Right of Use Lease Assets

634

-

-

-

-

-

-

-

Other receivables

69

20

51

-45

-

-

-

-

Severance pay

-15

-

2

21

-3

-7

-52

-197

Accounts payable

-173

75

15

-181

261

-8

2

-176

Interest on short term bank deposits

-

-

-

-

-

-

-

15

Asset retirement obligation

32

178

-

-4

41

-320

-387

0

Accrued liabilities

-135

-

-38

-411

62

-464

-104

-1,378

Net cash used in operating activities

-5,809

-5,833

-8,060

-6,333

-5,447

-

-

-

Increase in deferred officers' compensation (net)

-

-

-

-

-

-

-

0

Net cash used in operating activities

-

-

-

-

-

-6,443

-4,648

-8,782

Cash flows from investing activities
Withdrawal of short term bank deposits

-

-

-

-

517

-

-

-

Redemption of short-term bank deposits

-

-

-

-

-

467

1,083

0

Acquisition of property and equipment

8

19

65

26

19

35

57

57

Investment in unproved oil and gas properties

6,601

15,931

-

-

-

-

-

-

Proceeds from sale of property and equipment

-

-

14

44

0

-

-

-

Investment in unproved oil and gas properties

-

-

10,820

1,192

1,113

1,513

1,260

2,383

Net cash used in investing activities

-6,609

-15,950

-10,871

-1,174

-615

-

-

-

Net cash used in investing activities

-

-

-

-

-

-2,015

-2,400

-2,440

Cash flows from financing activities
Payments related to capital lease

11

9

-

-

0

-

-

-

Proceeds from exercise of stock options

7

19

551

16

-

-

-

-

Proceeds from sale of 10% Senior Convertible Bonds

-

-

-

3,470

0

-

-

-

Payments related to capital lease

-

-

-22

-

-

-

-

-

Deferred offering costs

-

3,038

-

-2

-134

-

-

-

Proceeds from issuance of stock and exercise of warrants

-

-

22,994

4,338

3,723

3,388

2,479

-

Deferred financing costs on debt conversions and modification

-

-

-

-

-

-

-

0

Loan proceeds - related party

-

-

-

-

-

-

-

0

Loan principal repayments - related party

-

-

-

-

-

-

-

0

Loan proceeds - other

-

-

-

-

-

-

-

0

Proceeds from issuance of stock and exercise of warrants

14,232

13,781

-

-

-

-

-

3,974

Costs associated with the issuance of stock and warrants

-

-

-

-

-

-

-

0

Net cash provided by financing activities

-

-

-

-

-

3,388

2,479

3,974

Net cash provided by financing activities

14,228

16,829

23,523

7,822

3,589

-

-

-

Net increase/(decrease) in cash, cash equivalents and restricted cash

1,810

-4,954

-

-

-

-

-

-

Net (decrease), increase in cash, cash equivalents and restricted cash

-

-

4,592

315

-2,473

-5,070

-4,569

-7,248

Supplemental schedule of cash flow information
Cash paid for interest

-

-

-

-

-

-

-

0

Cash paid for income taxes

-

-

-

-

-

-

-

0

Non-cash investing and financing activities:
Payment of note payable through issuance of common stock

-

-

-

-

-

-

-

0

Payment of accounts payable through issuance of note payable

-

-

-

-

-

-

-

0

Financing costs paid through issuance of common stock

-

-

-

-

-

-

-

0

Increase in accounts payable for financing costs

-

-

-

-

-

-

-

0

Waived interest on debt conversions

-

-

-

-

-

-

-

0

Shares issued for debt conversion

-

-

-

-

-

-

-

0

Value of warrants granted to underwriters

-

-

-

-

-

-

-

0

Deferred financing costs

-

-

-

-

-

-

-

0

Cost of options capitalized to oil & gas properties

3

348

256

213

94

92

66

181

Debt discount related to the derivative liability

-

-

-

1,626

0

-

-

-

Unpaid investments in oil & gas properties

16

2,946

3,876

25

55

131

291

566

Deferred offering cost

-

-

-

136

0

-

-

-

10% Senior Convertible Bonds converted to shares

3

176

149

8

0

-

-

-

Convertible Bond interest paid in shares

327

331

346

-

0

-

-

-

Debt discount related to the derivative liability

-

-

-

1,626

0

-

-

-

Acquisition of property and equipment under capital lease

-

-

71

-

0

-

-

-

Capitalized convertible bond interest attributed to oil and gas properties

313

331

346

-

0

-

-

-

Unpaid acquisitions of property and equipment

-

-

-

-

-

22

0

-

Transfer of inventory to oil and gas properties

-

-

-

-

-

-

-

0