Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.5.0.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
OPERATING EXPENSES:    
Depreciation $ 54 $ 148
Exploration 71 239
General and administrative 5,214 7,946
Loss on sale of assets 0 316
Total operating expenses 5,339 8,649
Loss from operations (5,339) (8,649)
OTHER INCOME (EXPENSE):    
Net interest expense (4) 0
Loss on investment in securities (587) (15,087)
Gain on sale of bonus rights 2,514 0
Fair value revision of contingent consideration payable 0 1,888
Other income 88 252
Total other income (expense) 2,011 (12,947)
Loss from continuing operations, before tax (3,328) (21,596)
Income tax expense 0 0
Loss from continuing operations, net of tax (3,328) (21,596)
Loss from discontinued operations, net of tax (14,249) (21,404)
Net loss from discontinued operations (14,249) (21,404)
Net loss (17,577) (43,000)
Preferred stock dividends (1,858) (1,740)
Adjustment of preferred stock to redemption value 4,207 0
Net loss attributable to common stockholders $ (15,228) $ (44,740)
Loss per common share:    
Weighted average number of basic shares outstanding (in shares) 5,746,307 5,710,288
Weighted average number of diluted shares outstanding (in shares) 5,746,307 5,710,288
Basic and diluted loss per common share:    
Net loss from continuing operations, including preferred stock dividends and adjustment to redemption value of preferred stock (usd per share) $ (0.17) $ (4.09)
Net loss from discontinued operations (usd per share) (2.48) (3.75)
Net loss attributable to common stockholders (usd per share) $ (2.65) $ (7.83)