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Note 17 - Segmented Information
 12 Months Ended
Jul. 31, 2019
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
NOTE
1
7
:
SEGMENTED INFORMATION
 
We currently operate in a
single
reportable segment and we are focused on uranium mining and related activities, including exploration, pre-extraction, extraction and processing of uranium concentrates.
 
At
July 31, 2019,
long-term assets located in the U.S. were
$57,223,443
or
70%
of our total long-term assets of
$81,330,309.
 
The table below provides a breakdown of the Company’s long-term assets by geographic segment:
 
   
July 31, 2019
  
Balance Sheet Items
  
United States
    
 
    
 
    
 
  
   
Texas
    
Arizona
    
Wyoming
    
Other States
    
Canada
 
  
Paraguay
 
 
  
Total
 
 
Mineral Rights and Properties
  
$
12,433,203
    
$
4,427,477
    
$
31,527,870
    
$
87,822
    
$
546,938
    
$
14,513,585
    
$
63,536,895
  
Property, Plant and Equipment
  
 
6,333,950
    
 
-
    
 
342,515
    
 
-
    
 
14,223
    
 
351,671
    
 
7,042,359
  
Restricted Cash
  
 
1,732,419
    
 
15,000
    
 
73,973
    
 
-
    
 
-
    
 
-
    
 
1,821,392
  
Equity-Accounted Investment
  
 
-
    
 
-
    
 
-
    
 
-
    
 
8,680,449
    
 
-
    
 
8,680,449
  
Other Long-Term Assets
  
 
221,214
    
 
-
    
 
28,000
    
 
-
    
 
-
    
 
-
    
 
249,214
  
Total Long-Term Assets
  
$
20,720,786
    
$
4,442,477
    
$
31,972,358
    
$
87,822
    
$
9,241,610
    
$
14,865,256
    
$
81,330,309
  
 
   
July 31, 2018
  
Balance Sheet Items
  
United States
    
 
    
 
    
 
  
   
Texas
    
Arizona
    
Wyoming
    
Other States
     Canada     Paraguay     Total  
Mineral Rights and Properties
   $
12,729,697
     $
11,069,018
     $
31,527,870
     $
735,468
     $
546,938
     $
14,513,585
     $
71,122,576
  
Property, Plant and Equipment
    
6,362,608
      
-
      
357,392
      
-
      
25,889
      
355,663
      
7,101,552
  
Reclamation Deposits
    
1,700,926
      
15,000
      
73,973
      
-
      
-
      
-
      
1,789,899
  
Equity-Accounted Investment
    
-
      
-
      
-
      
-
      
693,502
      
-
      
693,502
  
Other Long-Term Assets
    
416,519
      
-
      
146,533
      
-
      
-
      
-
      
563,052
  
Total Long-Term Assets
   $
21,209,750
     $
11,084,018
     $
32,105,768
     $
735,468
     $
1,266,329
     $
14,869,248
     $
81,270,581
  
 
The table below provides a breakdown of our operating results by geographic segment. All intercompany transactions have been eliminated.
 
   
Year ended July 31, 2019
  
Statement of Operations
  
United States
    
 
    
 
    
 
  
   
Texas
    
Arizona
    
Wyoming
    
Other States
    
Canada
 
  
Paraguay
 
  
Total
 
Costs and Expenses:
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Mineral property expenditures
  
$
3,072,855
    
$
112,724
    
$
655,807
    
$
69,910
    
$
16,078
    
$
560,163
    
$
4,487,537
  
General and administrative
  
 
6,619,855
    
 
14,040
    
 
147,648
    
 
3,557
    
 
3,165,883
    
 
191,052
    
 
10,142,035
  
Depreciation, amortization and accretion
  
 
314,599
    
 
-
    
 
14,876
    
 
996
    
 
11,666
    
 
5,304
    
 
347,441
  
   
 
10,007,309
    
 
126,764
    
 
818,331
    
 
74,463
    
 
3,193,627
    
 
756,519
    
 
14,977,013
  
Loss from operations
  
 
(10,007,309
)
  
 
(126,764
)
  
 
(818,331
)
  
 
(74,463
)
  
 
(3,193,627
)
  
 
(756,519
)
  
 
(14,977,013
)
                                                         
Other income (expenses)
  
 
(3,337,331
)
  
 
(18,914
)
  
 
2,284
    
 
1,578,864
    
 
(432,598
)
  
 
17,547
    
 
(2,190,148
)
Loss before income taxes
  
$
(13,344,640
)
  
$
(145,678
)
  
$
(816,047
)
  
$
1,504,401
    
$
(3,626,225
)
  
$
(738,972
)
  
$
(17,167,161
)
 
   
Year ended July 31, 2018
  
Statement of Operations
  
United States
    
 
    
 
    
 
  
   
Texas
    
Arizona
    
Wyoming
    
Other States
     Canada     Paraguay     Total  
Costs and Expenses:
                                                        
Mineral property expenditures
   $
2,381,993
     $
100,296
     $
1,282,164
     $
67,550
     $
-
     $
720,148
     $
4,552,151
  
General and administrative
    
7,055,370
      
13,877
      
581,277
      
10,931
      
3,467,934
      
277,817
      
11,407,206
  
Depreciation, amortization and accretion
    
325,567
      
-
      
12,847
      
996
      
11,599
      
3,615
      
354,624
  
     
9,762,930
      
114,173
      
1,876,288
      
79,477
      
3,479,533
      
1,001,580
      
16,313,981
  
Loss from operations
    
(9,762,930
 )    
(114,173
 )    
(1,876,288
 )    
(79,477
 )    
(3,479,533
 )    
(1,001,580
 )    
(16,313,981
 )
                                                         
Other income (expenses)
    
(2,630,691
 )    
(18,914
 )    
1,541
      
-
      
423,657
      
4,243
      
(2,220,164
 )
Loss before income taxes
   $
(12,393,621
 )   $
(133,087
 )   $
(1,874,747
 )   $
(79,477
 )   $
(3,055,876
 )   $
(997,337
 )   $
(18,534,145
 )
 
 
 
URANIUM ENERGY CORP.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
JULY 31,
201
9
 
 
   
Year ended July 31, 2017
  
Statement of Operations
  
United States
    
 
    
 
    
 
  
   
Texas
    
Arizona
    
Wyoming
    
Other States
     Canada     Paraguay     Total  
Costs and Expenses:
                                                        
Mineral property expenditures
   $
2,450,834
     $
101,628
     $
-
     $
70,588
     $
-
     $
1,497,338
     $
4,120,388
  
General and administrative
    
7,053,270
      
33,761
      
-
      
3,933
      
3,063,839
      
86,878
      
10,241,681
  
Depreciation, amortization and accretion
    
487,288
      
-
      
-
      
996
      
8,088
      
1,356
      
497,728
  
Impairment loss on mineral properties
    
185,942
      
8,334
      
-
      
103,666
      
-
      
-
      
297,942
  
Inventory write-down
    
60,694
      
-
      
-
      
-
      
-
      
-
      
60,694
  
     
10,238,028
      
143,723
      
-
      
179,183
      
3,071,927
      
1,585,572
      
15,218,433
  
Loss from operations
    
(10,238,028
 )    
(143,723
 )    
-
      
(179,183
 )    
(3,071,927
 )    
(1,585,572
 )    
(15,218,433
 )
                                                         
Other income (expenses)
    
(2,772,617
 )    
(18,914
 )    
-
      
-
      
636
      
3,917
      
(2,786,978
 )
Loss before income taxes
   $
(13,010,645
 )   $
(162,637
 )   $
-
     $
(179,183
 )   $
(3,071,291
 )   $
(1,581,655
 )   $
(18,005,411
 )