Note 15 - Segmented Information

6 Months Ended

Jan. 31, 2021

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

NOTE

15:

         

SEGMENTED INFORMATION

We currently operate in

one

reportable segment which is focused on uranium mining and related activities, including exploration, pre-extraction, extraction and processing of uranium concentrates.

At

January 31, 2021,

our long-term assets located in the United States totaled

$58,196,798

or

68%

of our total long-term assets of

$85,704,749.

The table below provides a breakdown of the long-term assets by geographic segments:

	January 31, 2021
	United States
Balance Sheet Items	Texas		Arizona		Wyoming		Other States		Canada		Paraguay		Total
Mineral Rights and Properties	$	12,421,911	$	4,577,477	$	31,527,870	$	146,971	$	546,938	$	14,513,586	$	63,734,753
Property, Plant and Equipment		6,723,072		-		320,201		-		41,626		361,400		7,446,299
Restricted Cash		1,750,327		15,000		73,973		-		-		-		1,839,300
Equity-Accounted Investment		-		-		-		-		11,961,434		-		11,961,434
Other Non-Current Assets		620,996		-		19,000		-		82,967		-		722,963
Total Long-Term Assets	$	21,516,306	$	4,592,477	$	31,941,044	$	146,971	$	12,632,965	$	14,874,986	$	85,704,749

	July 31, 2020
	United States
Balance Sheet Items	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

The tables below provide a breakdown of our operating results by geographic segments for the

three

and

six

months ended

January 31, 2021

and

2020.

All intercompany transactions have been eliminated.

	Three Months Ended January 31, 2021
	United States
Statement of Operations	Texas			Arizona			Wyoming			Other States			Canada			Paraguay			Total
Costs and Expenses:
Mineral property expenditures	$	602,513		$	31,452		$	169,576		$	16,336		$	4,779		$	136,601		$	961,257
General and administrative		1,895,718			4,105			20,249			345			533,421			10,865			2,464,703
Depreciation, amortization and accretion		89,372			-			3,719			-			4,972			(465	)		97,598
Loss from operations		(2,587,603	)		(35,557	)		(193,544	)		(16,681	)		(543,172	)		(147,001	)		(3,523,558	)
Other income (expenses)		(537,622	)		(4,768	)		(5,766	)		-			609,666			(52	)		61,458
Loss before income taxes	$	(3,125,225	)	$	(40,325	)	$	(199,310	)	$	(16,681	)	$	66,494		$	(147,053	)	$	(3,462,100	)

	Three Months Ended January 31, 2020
	United States
Statement of Operations	Texas			Arizona			Wyoming			Other States			Canada			Paraguay			Total
Costs and Expenses:
Mineral property expenditures	$	891,008		$	21,600		$	144,182		$	16,614		$	-		$	249,919		$	1,323,323
General and administrative		1,713,121			3,439			20,478			410			634,315			23,031			2,394,794
Depreciation, amortization and accretion		72,437			-			3,720			249			2,465			2,881			81,752
Loss from operations		(2,676,566	)		(25,039	)		(168,380	)		(17,273	)		(636,780	)		(275,831	)		(3,799,869	)
Other income (expenses)		(844,506	)		(4,768	)		700			-			2,756,714			1,136			1,909,276
Loss before income taxes	$	(3,521,072	)	$	(29,807	)	$	(167,680	)	$	(17,273	)	$	2,119,934		$	(274,695	)	$	(1,890,593	)

	Six Months Ended January 31, 2021
	United States
Statement of Operations	Texas			Arizona			Wyoming			Other States			Canada			Paraguay			Total
Costs and Expenses:
Mineral property expenditures	$	1,079,843		$	62,476		$	270,066		$	36,405		$	7,571		$	206,657		$	1,663,018
General and administrative		4,063,077			7,825			37,719			718			918,629			22,424			5,050,392
Depreciation, amortization and accretion		178,744			-			7,438			-			9,280			1,316			196,778
Loss from operations		(5,321,664	)		(70,301	)		(315,223	)		(37,123	)		(935,480	)		(230,397	)		(6,910,188	)
Other income (expenses)		(1,417,836	)		(9,535	)		(5,566	)		-			(88,329	)		5,001			(1,516,265	)
Loss before income taxes	$	(6,739,500	)	$	(79,836	)	$	(320,789	)	$	(37,123	)	$	(1,023,809	)	$	(225,396	)	$	(8,426,453	)

	Six Months Ended January 31, 2020
	United States
Statement of Operations	Texas			Arizona			Wyoming			Other States			Canada			Paraguay			Total
Costs and Expenses:
Mineral property expenditures	$	2,045,350		$	46,172		$	292,225		$	36,725		$	-		$	426,302		$	2,846,774
General and administrative		3,413,998			6,828			55,191			1,062			1,188,021			44,864			4,709,964
Depreciation, amortization and accretion		139,933			-			7,437			498			5,054			5,216			158,138
Loss from operations		(5,599,281	)		(53,000	)		(354,853	)		(38,285	)		(1,193,075	)		(476,382	)		(7,714,876	)
Other income (expenses)		(1,719,112	)		(9,535	)		700			-			2,505,298			2,677			780,028
Loss before income taxes	$	(7,318,393	)	$	(62,535	)	$	(354,153	)	$	(38,285	)	$	1,312,223		$	(473,705	)	$	(6,934,848	)