Annual report pursuant to Section 13 and 15(d)

Other Assets

Other Assets

12 Months Ended

Dec. 31, 2019


7.			Other Assets

Other assets consist of the following (in thousands).


	December 31,
	2019		2018

Alameda and Nevada facilities Right of Use Assets (1)	1,197		—
CD for Green Bank collateral security (2)	1,034		1,026
Equipment Deposits	254		—
Facility Closure Trust deposit (3)	670		670
Other assets	154		104
Total Other assets, non-current	$	3,309	$	1,800

(1)See Footnote 13.

(2)The $1.0 million certificate of deposit is held by Green Bank as collateral for the Green Bank note payable balance. The deposit with Green Bank will be released after TRIC has three consecutive months of positive cash flow from operations.

(3)The Company has entered into a Facility Closure Trust Agreement for the benefit of the Nevada Division of Conservation and Natural Resources (NDEP). Funds deposited in the Trust are to be available when and if needed for closure and/or post-closure care of the facility related to potential decontamination and hazardous material cleanup. The Trustee will reimburse the Company or other persons as specified by the NDEP from the fund for closure and post-closure expenditures in such amounts as the NDEP shall direct in writing. In addition, the Trustee shall refund to the Company such amounts as the NDEP specifies in writing. $100,000 was deposited upon establishment of the Trust Fund on October 31, 2016; $350,000 was deposited on October 31, 2017; and $220,000 was deposited on October 31, 2018.