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Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash	$ 11,528	$ 25,888
Trade receivables	11,246	9,466
Income tax receivable	0	25
Prepaid expenses	1,061	128
Total current assets	23,835	35,507
Equipment and leasehold improvements, net of accumulated depreciation and amortization of $566 and $490, respectively	140	210
Oil and gas properties, full-cost method - subject to amortization, net of accumulated depletion of $46,047 and $35,332, respectively	91,674	226,918
Marketable securities	710	756
Other assets	121	7,543
Total assets	116,480	270,934
Current liabilities:
Accounts payable and accrued liabilities	4,138	49,065
Bonds payable, net of discount of $0 and $1,532, respectively (Note 10)	0	173,467
Total current liabilities	4,138	222,532
Liabilities subject to compromise	206,612	0
Asset retirement obligation	1,385	1,428
Total liabilities	212,135	223,960
Stockholders’ equity (deficit):
Common stock, $.001 par value, 48,611 shares authorized and 30,449 shares outstanding	30	30
Additional paid-in capital	148,055	147,275
Accumulated deficit	(243,740)	(100,331)
Total stockholders’ equity (deficit)	(95,655)	46,974
Total liabilities and stockholders’ equity (deficit)	$ 116,480	$ 270,934

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

AMERICAN EAGLE ENERGY Corp 10-Q