General Moly, Inc. is contemplating filing for bankruptcy, as of August 19, 2020. According to SEC filing, Company said that on June 30, 2020, cash and cash equivalents are of $2.5 million and current working capital is negative. Based on current operating forecast, there is no revenue being generated. Company believes that existing capital resources are only adequate to sustain operations through September 30, 2020. If unable to find an additional source of funding before the end of September 2020, company would be forced to cease operations and pursue restructuring or liquidation alternatives, including the filing for bankruptcy protection.