Note 16 - Segmented Information

9 Months Ended

Apr. 30, 2021

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

NOTE  16: 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.

As of 

April 30, 2021,

our long-term assets located in the United States totaled

$58,294,295

or

67%

of our total long-term assets of

$87,144,864.

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

	April 30, 2021
	United States
Balance Sheet Items	Texas		Arizona		Wyoming		Other States		Canada		Paraguay		Total
Mineral Rights and Properties	$	12,421,536	$	4,577,477	$	31,527,870	$	146,971	$	546,938	$	14,513,586	$	63,734,378
Property, Plant and Equipment		6,682,983		-		316,482		-		37,768		362,133		7,399,366
Restricted Cash		1,948,704		15,000		73,973		-		-		-		2,037,677
Equity-Accounted Investment		-		-		-		-		13,324,548		-		13,324,548
Other Non-Current Assets		565,799		-		17,500		-		65,596		-		648,895
Total Long-Term Assets	$	21,619,022	$	4,592,477	$	31,935,825	$	146,971	$	13,974,850	$	14,875,719	$	87,144,864

	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

nine

months ended

April 30, 2021

and

2020.

All intercompany transactions have been eliminated.

	Three Months ended April 30, 2021
Statement of Operations	United States
	Texas			Arizona			Wyoming			Other States			Canada			Paraguay			Total
Costs and Expenses:
Mineral property expenditures	$	1,010,005		$	30,996		$	215,725		$	16,335		$	92		$	205,601		$	1,478,754
General and administrative		2,601,113			3,720			26,513			230			645,028			9,597			3,286,201
Depreciation, amortization and accretion		89,415			-			3,719			-			3,858			1,194			98,186
Loss from operations		(3,700,533	)		(34,716	)		(245,957	)		(16,565	)		(648,978	)		(216,392	)		(4,863,141	)
Other income (expenses)		(613,705	)		(4,611	)		(2,770	)		-			893,129			-			272,043
Loss before income taxes	$	(4,314,238	)	$	(39,327	)	$	(248,727	)	$	(16,565	)	$	244,151		$	(216,392	)	$	(4,591,098	)

	Three Months Ended April 30, 2020
Statement of Operations	United States
	Texas			Arizona			Wyoming			Other States			Canada			Paraguay			Total
Costs and Expenses:
Mineral property expenditures	$	619,892		$	27,686		$	159,087		$	16,462		$	-		$	133,437		$	956,564
General and administrative		1,513,764			3,389			22,358			345			587,015			1,016			2,127,887
Depreciation, amortization and accretion		65,809			-			3,720			249			2,497			1,785			74,060
Loss from operations		(2,199,465	)		(31,075	)		(185,165	)		(17,056	)		(589,512	)		(136,238	)		(3,158,511	)
Other income (expenses)		(826,432	)		(4,663	)		995			-			713,467			487			(116,146	)
Loss before income taxes	$	(3,025,897	)	$	(35,738	)	$	(184,170	)	$	(17,056	)	$	123,955		$	(135,751	)	$	(3,274,657	)

	Nine Months Ended April 30, 2021
Statement of Operations	United States
	Texas			Arizona			Wyoming			Other States			Canada			Paraguay			Total
Costs and Expenses:
Mineral property expenditures	$	2,089,848		$	93,472		$	485,791		$	52,740		$	7,663		$	412,258		$	3,141,772
General and administrative		6,664,190			11,545			64,232			948			1,563,657			32,021			8,336,593
Depreciation, amortization and accretion		268,159			-			11,157			-			13,138			2,510			294,964
Loss from operations		(9,022,197	)		(105,017	)		(561,180	)		(53,688	)		(1,584,458	)		(446,789	)		(11,773,329	)
Other income (expenses)		(2,031,541	)		(14,146	)		(8,336	)		-			804,800			5,001			(1,244,222	)
Loss before income taxes	$	(11,053,738	)	$	(119,163	)	$	(569,516	)	$	(53,688	)	$	(779,658	)	$	(441,788	)	$	(13,017,551	)

	Nine Months Ended April 30, 2020
Statement of Operations	United States
	Texas			Arizona			Wyoming			Other States			Canada			Paraguay			Total
Costs and Expenses:
Mineral property expenditures	$	2,665,242		$	73,858		$	451,312		$	53,187		$	-		$	559,739		$	3,803,338
General and administrative		4,927,762			10,217			77,549			1,407			1,775,036			45,880			6,837,851
Depreciation, amortization and accretion		205,742			-			11,157			747			7,551			7,001			232,198
Loss from operations		(7,798,746	)		(84,075	)		(540,018	)		(55,341	)		(1,782,587	)		(612,620	)		(10,873,387	)
Other income (expenses)		(2,545,544	)		(14,198	)		1,695			-			3,218,765			3,164			663,882
Loss before income taxes	$	(10,344,290	)	$	(98,273	)	$	(538,323	)	$	(55,341	)	$	1,436,178		$	(609,456	)	$	(10,209,505	)