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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
Sep. 30, 2025
Dec. 31, 2024
CURRENT ASSETS    
Cash and cash equivalents $ 18,338,679 $ 18,172,120
Investment securities held to maturity 1,270,666  
Accounts receivable, net 1,898,184 1,099,771
Inventories 8,413,161 1,245,724
Prepaid expenses and other current assets 1,877,249 160,954
Total current assets 31,797,939 20,678,569
Property, plant and equipment, net 28,121,338 12,891,447
Operating lease right-of-use assets 36,288 565,289
Investment securities held to maturity - noncurrent 18,886,727  
Restricted cash for reclamation bonds 131,402 98,778
IVA receivable and other assets, net 908,647 408,519
Total assets 79,882,341 34,642,602
CURRENT LIABILITIES    
Accounts payable 4,218,043 1,545,708
Accrued liabilities 1,581,627 1,427,146
Accrued liabilities - directors 89,530 141,287
Royalties payable 207,445 133,434
Current portion of operating lease liabilities 28,990 626,562
Current portion of long-term debt 135,754 132,252
Total current liabilities 6,261,389 4,006,389
Operating lease liabilities, net of current portion 7,298 129,007
Long-term debt, net of current portion 93,167 195,425
Asset retirement obligations 1,769,557 1,711,108
Total liabilities 8,131,411 6,041,929
COMMITMENTS AND CONTINGENCIES (Note 12)
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value, 250,000,000 shares authorized; 130,338,196 and 112,951,317 shares issued and outstanding, respectively 1,303,382 1,129,512
Treasury stock (140,860 and no shares of common stock at cost, respectively) (510,675)  
Additional paid-in capital 116,150,588 68,610,905
Accumulated deficit (45,201,644) (41,149,023)
Total stockholders' equity 71,750,930 28,600,673
Total liabilities and stockholders' equity 79,882,341 34,642,602
Series B    
STOCKHOLDERS' EQUITY    
Preferred stock 7,500 7,500
Series C    
STOCKHOLDERS' EQUITY    
Preferred stock $ 1,779 $ 1,779