Note 17 - Segmented Information

12 Months Ended

Jul. 31, 2021

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

NOTE

17:

         

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.

As at

July 31, 2021,

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

$58,258,130

or

62%

of our total long-term assets of

$94,495,723.

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

	July 31, 2021
Balance Sheet Items	United States
	Texas		Arizona		Wyoming		Other States		Canada		Paraguay		Total
Mineral Rights and Properties	$	12,421,161	$	4,627,477	$	31,527,870	$	146,971	$	546,938	$	14,513,586	$	63,784,003
Property, Plant and Equipment		6,645,905		-		312,763		-		34,036		365,333		7,358,037
Restricted Cash		1,948,704		15,000		73,973		-		-		-		2,037,677
Equity-Accounted Investment		-		-		-		-		20,729,674		-		20,729,674
Other Non-Current Assets		522,306		-		16,000		-		48,026		-		586,332
Total Long-Term Assets	$	21,538,076	$	4,642,477	$	31,930,606	$	146,971	$	21,358,674	$	14,878,919	$	94,495,723

	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

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

	Year ended July 31, 2021
Statement of Operations	United States
	Texas			Arizona			Wyoming			Other States			Canada			Paraguay			Total
Costs and Expenses:
Mineral property expenditures	$	3,002,300		$	125,241		$	672,225		$	69,075		$	7,752		$	602,214		$	4,478,807
General and administrative		9,596,400			15,317			86,211			1,830			2,894,424			45,816			12,639,998
Depreciation, amortization and accretion		357,600			-			14,876			-			16,870			3,827			393,173
Loss from operations		(12,956,300	)		(140,558	)		(773,312	)		(70,905	)		(2,919,046	)		(651,857	)		(17,511,978	)
Other income (expenses)		(2,541,515	)		(18,914	)		(9,982	)		-			5,259,464			5,107			2,694,160
Loss before income taxes	$	(15,497,815	)	$	(159,472	)	$	(783,294	)	$	(70,905	)	$	2,340,418		$	(646,750	)	$	(14,817,818	)

	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	)