Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.6.0.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
OPERATING EXPENSES:        
Depreciation $ 9 $ 13 $ 20 $ 32
Exploration 8 22 163 39
General and administrative 649 1,131 2,677 2,896
Total operating expenses 666 1,166 2,860 2,967
Loss from operations (666) (1,166) (2,860) (2,967)
OTHER INCOME (EXPENSE):        
Gain (loss) on investment in securities 138 117 138 (143)
Other income (expense) (3) 42 (4) 64
Total other income (expense) 135 159 134 (79)
Loss from continuing operations, before tax (531) (1,007) (2,726) (3,046)
Income tax expense 0 0 0 0
Loss from continuing operations, net of tax (531) (1,007) (2,726) (3,046)
DISCONTINUED OPERATIONS (Notes 3, 4 and 5):        
Income (loss) from discontinued operations, net of tax 4 (362) (235) (1,373)
Gain on disposal of discontinued operations, net of tax 0 0 1,069 0
Net income (loss) from discontinued operations 4 (362) 834 (1,373)
Net loss (527) (1,369) (1,892) (4,419)
Preferred stock dividends 0 (460) (162) (913)
Adjustment of preferred stock to redemption value 0 0 162 0
Net loss attributable to common stockholders $ (527) $ (1,829) $ (1,892) $ (5,332)
Earnings (loss) per common share        
Weighted average number of basic shares outstanding (in shares) 5,879,610 5,757,533 5,858,177 5,730,157
Weighted average number of diluted shares outstanding (in shares) 5,879,610 5,757,533 5,858,177 5,730,157
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 (in dollars per share) $ (0.09) $ (0.25) $ (0.47) $ (0.69)
Net income (loss) from discontinued operations, basic and diluted (usd per share) 0.00 (0.06) 0.14 (0.24)
Net loss attributable to common stockholders, basic and diluted (in dollars per share) $ (0.09) $ (0.32) $ (0.32) $ (0.93)