Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flow

v3.20.1
Consolidated Statements of Cash Flow - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash provided by Operating activities    
Net loss for the period $ (3,641) $ (4,302)
Items not affecting cash:    
Stock based expense 234 188
Loss from net realizable value adjustments 2,282 1,965
Depreciation and amortization 1,111 1,098
Accretion of asset retirement obligations 145 143
Amortization of deferred loan costs 17 30
Warrants mark to market gain (273) 533
Gain on foreign exchange (15) (18)
Other loss 3 (2)
Change in non-cash working capital items:    
Accounts receivable 16 4
Inventory (2,189) (2,225)
Prepaid expenses 111 (17)
Accounts payable and accrued liabilities 74 1,402
Net Cash Provided by (Used in) Operating Activities, Total (2,125) (1,201)
Investing activities    
Mineral property costs   (8)
Decrease (increase) in other deposits (5)  
Purchase of capital assets (18) (11)
Net Cash Provided by (Used in) Investing Activities, Total (23) (19)
Financing activities    
RSUs redeemed to pay withholding or paid in cash   (6)
Repayment of debt   (1,269)
Net Cash Provided by (Used in) Financing Activities, Total   (1,275)
Effects of foreign exchange rate changes on cash (10) 41
Net change in cash, cash equivalents and restricted cash (2,158) (2,454)
Beginning cash, cash equivalents and restricted cash 15,215 13,830
Ending cash, cash equivalents and restricted cash (note 15) $ 13,057 $ 11,376