Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.5.0.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2016
Sep. 30, 2015
OPERATING EXPENSES:    
Depreciation $ 11 $ 19
Exploration 155 17
General and administrative 2,028 1,765
Total operating expenses 2,194 1,801
Loss from operations (2,194) (1,801)
OTHER (EXPENSE) INCOME:    
Loss on investment in securities 0 (261)
Other (expense) income (1) 22
Total other (expense) income (1) (239)
Loss from continuing operations, before tax (2,195) (2,040)
Income tax expense 0 0
Loss from continuing operations, net of tax (2,195) (2,040)
DISCONTINUED OPERATIONS (Notes 3, 4 and 5):    
Loss from discontinued operations, net of tax (239) (1,011)
Gain on disposal of discontinued operations, net of tax 1,069 0
Net income (loss) from discontinued operations 830 (1,011)
Net loss (1,365) (3,051)
Preferred stock dividends (162) (452)
Adjustment of preferred stock to redemption value 162 0
Net loss attributable to common stockholders $ (1,365) $ (3,503)
Earnings (loss) per common share    
Weighted average number of basic shares outstanding 5,836,744 5,702,780
Weighted average number of diluted shares outstanding 5,836,744 5,702,780
Basic and diluted earnings (loss) per common share:    
Net loss from continuing operations, including preferred stock dividends and adjustment to redemption value of preferred stock, basic and diluted (usd per share) $ (0.38) $ (0.44)
Net income (loss) from discontinued operations, basic and diluted (usd per share) 0.14 (0.18)
Net loss attributable to common stockholders, basic and diluted (usd per share) $ (0.23) $ (0.61)