XML 14 R4.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Costs and expenses:        
Exploration expense $ (188) $ (240) $ (343) $ (497)
Administrative expense (430) (816) (1,893) (2,961)
Stock-based compensation (70) (80) (243) (337)
Other operating income (expense), net (5)
Depreciation and amortization (1)
Total costs and expenses (688) (1,136) (2,484) (3,796)
Loss from operations (688) (1,136) (2,484) (3,796)
Other income (expense):        
Interest and other income (expense), net 13 7 91 28
Gain (loss) on foreign currency transactions (6) 25 (48) (69)
Total other income (expense) 7 32 43 (41)
Loss from operations before income taxes and discontinued operations (681) (1,104) (2,441) (3,837)
Income taxes (Note 11)
Loss from continuing operations (681) (1,104) (2,441) (3,837)
Income (loss) from discontinued operations, net of taxes (Note 3) (196) 1,303 (515) (3,276)
Net income (loss) $ (877) $ 199 $ (2,956) $ (7,113)
Net income (loss) per common share - basic (1)        
Continuing operations (in Dollars per share) [1] $ (0.05) $ (0.07) $ (0.16) $ (0.26)
Discontinued operations (in Dollars per share) [1] (0.01) 0.08 (0.04) (0.23)
Net income (loss) per common share - basic (in Dollars per share) [1] $ (0.06) $ 0.01 $ (0.2) $ (0.49)
Weighted-average shares outstanding - basic (in Shares) 15,053,048 15,035,259 15,052,826 14,607,703
[1] Potentially dilutive shares have not been included for loss periods because to do so would be anti-dilutive. Potentially dilutive shares at September 30, 2025, consist of 2,470,079 equivalent shares related to stock compensation and 7,481,587 equivalent shares related to outstanding warrants. Potentially dilutive shares at September 30, 2024, consist of 1,070,049 equivalent shares related to stock compensation and 10,819,742 equivalent shares related to outstanding warrants. See Note 12 for a discussion of stock-based compensation and warrants.