Note 17 - Segmented Information

12 Months Ended

Jul. 31, 2020

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, 2020,

long-term assets located in the U.S. were

$57,786,932

or

68%

of our total long-term assets of

$84,799,738.

The table below provides a breakdown of the Company's long-term assets by geographic segment:

	July 31, 2020
Balance Sheet Items	United States
	Texas		Arizona		Wyoming		Other States		Canada		Paraguay		Total
Mineral Rights and Properties	$	12,422,661	$	4,527,477	$	31,527,870	$	116,971	$	546,938	$	14,513,586	$	63,655,503
Property, Plant and Equipment		6,299,786		-		327,639		-		29,677		362,715		7,019,817
Restricted Cash		1,750,243		15,000		73,973		-		-		-		1,839,216
Equity-Accounted Investment		-		-		-		-		11,515,327		-		11,515,327
Other Non-Current Assets		703,312		-		22,000		-		44,563		-		769,875
Total Long-Term Assets	$	21,176,002	$	4,542,477	$	31,951,482	$	116,971	$	12,136,505	$	14,876,301	$	84,799,738

	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 Non-Current 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

The table below provides a breakdown of our operating results by geographic segment. All intercompany transactions have been eliminated.

	Year ended July 31, 2020
Statement of Operations	United States
	Texas			Arizona			Wyoming			Other States			Canada			Paraguay			Total
Costs and Expenses:
Mineral property expenditures	$	3,165,898		$	104,191		$	596,551		$	69,523		$	-		$	646,240		$	4,582,403
General and administrative		6,982,684			13,717			112,193			2,277			2,272,138			58,889			9,441,898
Depreciation, amortization and accretion		273,687			-			14,876			850			11,959			8,850			310,222
Loss from operations		(10,422,269	)		(117,908	)		(723,620	)		(72,650	)		(2,284,097	)		(713,979	)		(14,334,523	)
Other income (expenses)		(3,417,783	)		(18,965	)		2,095			-			3,147,724			5,385			(281,544	)
Loss before income taxes	$	(13,840,052	)	$	(136,873	)	$	(721,525	)	$	(72,650	)	$	863,627		$	(708,594	)	$	(14,616,067	)

	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
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
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	)