Note 14 - Sales and Service Revenue and Cost of Sales and Services

9 Months Ended

Apr. 30, 2023

Notes to Financial Statements

Revenue from Contract with Customer [Text Block]

NOTE 14: SALES AND SERVICE REVENUE AND COST OF SALES AND SERVICES

The table below provides a breakdown of our sales and service revenue and cost of sales and service revenue:

	Three Months Ended April 30,						Nine Months Ended April 30,
	2023			2022			2023			2022
Sales of purchased uranium inventory	$	20,095		$	9,800		$	125,140		$	22,946
Revenue from toll processing services		122			92			300			137
Total sales and service revenue	$	20,217		$	9,892		$	125,440		$	23,083
Cost of purchased uranium inventory	$	(13,896	)	$	(6,478	)	$	(90,543	)	$	(15,689	)
Cost of toll processing services		(102	)		(77	)		(250	)		(114	)
Total cost of sales and services	$	(13,998	)	$	(6,555	)	$	(90,793	)	$	(15,803	)

Of the total sales of purchased uranium inventory, sales to customer A represent 20%, sales to customer B represent 16%, sales to customer C represent 16%, sales to customer D represent 14%, sales to customer E represent 10% and sales to the rest of our customers represent 24%.

Subsequent to April 30, 2023, we sold 100,000 pounds of uranium inventory for gross proceeds of $5,405 and entered into agreements to sell an additional 200,000 pounds for gross proceeds of $10,835.