Registration of securities issued in business combination transactions

Condensed Consolidated Statements of Cash Flows

v3.6.0.2
Condensed Consolidated Statements of Cash Flows
$ in Thousands
 3 Months Ended 12 Months Ended
Sep. 30, 2016
USD ($)
Sep. 30, 2015
USD ($)
Jun. 30, 2016
USD ($)
Jun. 30, 2015
USD ($)
OPERATING ACTIVITIES:        
Loss from continuing operations, net of tax $ (2,195) $ (2,040) $ (3,328) $ (21,596)
Adjustments to reconcile net loss to net cash used in operating activities:        
Foreign transaction loss 168 145 286 635
Depreciation 11 19 54 148
Fair value revision of contingent consideration payable     0 (1,888)
Accretion expense of contingent consideration payable     0 36
Loss on investment in securities 0 261 587 15,087
(Gain) loss on disposal of assets     (2,514) 316
Exploration costs previously capitalized     0 20
Stock compensation expense 590 108 701 892
Net changes in operating assets and liabilities:        
Accounts receivable (40) 53 28 (5)
Inventories     0 (39)
Prepaid and other current assets 101 45 286 (63)
Accounts payable and accrued liabilities (561) 852 1,744 (136)
Net cash used in operating activities of continuing operations (1,926) (557) (2,156) (6,593)
INVESTING ACTIVITIES:        
Additions to property and equipment (3) 0 (1) (3)
Proceeds from sale of bonus rights 586 0 2,514 0
Proceeds from sale of investment securities 0 836 2,595 21
Proceeds from One Stone Exchange, including cash retained at closing 950 0    
Net cash provided by investing activities of continuing operations 1,533 836 5,108 18
FINANCING ACTIVITIES:        
Proceeds from issuance of common stock, net     0 115
Purchase of common stock (3) (10) (11) (566)
Purchase of stock options     0 (983)
Payment of cash in lieu of fractional shares in one share for eight shares reverse stock split 0 (6) (6) 0
Payment of preferred stock dividend     0 (859)
Deferred financing costs, net 0 (24) (28) (150)
Short-term debt issuances     625 0
Payments on notes payable (70) 0 (195) 0
Long-term debt issuances     0 5,500
Capital contributions by non-controlling interest included in discontinued operations     0 147
Net cash provided by financing activities (73) (40) 385 3,204
CASH FLOWS FROM DISCONTINUED OPERATIONS:        
Net cash used in operating activities of discontinued operations (83) (131) (2,130) (1,972)
Net cash used in investing activities of discontinued operations (224) (123) (180) (9,347)
Net cash used in operating and investing activities of discontinued operations (307) (254) (2,310) (11,319)
Effect of exchange rate changes on cash and cash equivalents (15) (178) (116) (661)
Net decrease in cash and cash equivalents (788) (193) 911 (15,351)
Cash and cash equivalents at beginning of period 1,680 769 769 16,120
CASH AND CASH EQUIVALENTS AT END OF PERIOD 892 576 1,680 769
Supplemental disclosure of cash flow information:        
Cash paid for interest     7 18
Cash paid for interest of discontinued operations     269 84
Cash received for interest     (3) (20)
Cash paid for income taxes     0 0
Supplemental schedule of non-cash activities:        
Unrealized holding gain (loss) and foreign currency translation gain (loss) on securities available-for-sale 371 (1,049) (282) (7,684)
Adjustment of preferred stock to redemption value (162) 0 (4,206) 0
Securities available-for-sale received as proceeds on sale of Weald Basin assets (925) 0    
Preferred stock dividends paid in kind 162 452 1,858 1,311
Increase in both accrued and other liabilities and prepaid and other assets related to Sopak 27 27 107 105
Purchase of insurance policies financed with notes payable 16 108 353 0
Forgiveness of notes payable upon closing of Exchange 625 0    
Contribution to equity upon redemption of preferred stock 9,892 0    
Non-cash activities of discontinued operations:        
Change in accounts payable and accrued liabilities related to property and equipment of discontinued operations $ 293 $ (192) 17 (1,017)
Property contributed for capital and deferred capital contribution of non-controlling interest included in discontinued operations     0 200
Accrued capital contributions of non-controlling interest included in discontinued operations     $ 0 $ 168
Reverse stock split (usd per share)     0.125