2000 1999
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Cash flows from operating activities:
Net income (loss) $ 924 $(10,678)
Adjustments to reconcile net income (loss) to net cash
provided (used) by operating activities:
Depletion, depreciation and amortization 3,739 5,715
Amortization of debt issue costs and debt discount 240 420
Loss on sale of assets 51
Noncash interest consideration 3,732
Effect of changes in current assets and liabilities:
Accounts receivable (1,214) 1,215
Inventory (42) 398
Other assets 199 43
Accounts payable and accrued expenses (2,162) (3,714)
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Net cash provided (used) by operating activities 1,735 (2,869)
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Cash flows from investing activities:
Development expenditures and equipment purchases (6,718) (452)
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Net cash used by investing activities (6,718) (452)
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Cash flows from financing activities:
Proceeds from issuance of long-term debt 3,585 3,250
Payments of long-term debt (256) (10)
Debt issue costs (110)
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Net cash provided by financing activities 3,329 3,130
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Net cash and cash equivalents used by continuing operations (1,654) (191)
Net cash and cash equivalents from discontinued operations 1,667 (800)
Cash and cash equivalents at beginning of period 1,018 1,627
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Cash and cash equivalents at end of period $ 1,031 $ 636
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