Note 23 - Segmented Information

12 Months Ended

Jul. 31, 2023

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

NOTE 23: 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.

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

	July 31, 2023
Balance Sheet Items	United States		Canada		Paraguay		Total
Mineral Rights and Properties	$	166,051	$	384,495	$	15,014	$	565,560
Property, Plant and Equipment		19,221		145		362		19,728
Restricted Cash		7,251		-		-		7,251
Equity-Accounted Investment		-		48,110		-		48,110
Investment in Equity Securities		-		38,656		-		38,656
Other Non-Current Assets		2,965		114		-		3,079
Total Long-Term Assets	$	195,488	$	471,520	$	15,376	$	682,384

	July 31, 2022
Balance Sheet Items	United States		Canada		Paraguay		Total
Mineral Rights and Properties	$	165,952	$	982	$	15,014	$	181,948
Property, Plant and Equipment		19,841		26		367		20,234
Restricted Cash		7,251		-		-		7,251
Equity-Accounted Investment		-		24,177		-		24,177
Investment in Equity Securities		-		14,834		-		14,834
Other Non-Current Assets		3,093		519		-		3,612
Total Long-Term Assets	$	196,137	$	40,538	$	15,381	$	252,056

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

	Year ended July 31, 2023
Statement of Operations	United States			Canada			Paraguay			Total
Sales and service revenue	$	164,389		$	-		$	-		$	164,389
Cost of sales and services		(114,719	)		-			-			(114,719	)
Gross profit		49,670			-			-			49,670
Operating Costs:
Mineral property expenditures		12,443			4,857			1,320			18,620
General and administrative		13,926			6,078			60			20,064
Acquisition-related costs		1,985			16			6			2,007
Depreciation, amortization and accretion		-			112			-			112
Total operating costs		28,354			11,063			1,386			40,803
Income (loss) from operations		21,316			(11,063	)		(1,386	)		8,867
Other income (expenses)		(1,343	)		(9,963	)		2			(11,304	)
Income (loss) before income taxes	$	19,973		$	(21,026	)	$	(1,384	)	$	(2,437	)

	Year ended July 31, 2022
Statement of Operations	United States			Canada			Paraguay			Total
Sales and service revenue	$	23,161		$	-		$	-		$	23,161
Cost of sales and services		(15,868	)		-			-			(15,868	)
Gross profit		7,293			-			-			7,293
Operating Costs:
Mineral property expenditures		8,870			5			1,279			10,154
General and administrative		10,755			4,226			45			15,026
Acquisition-related costs		3,444			-			-			3,444
Depreciation, amortization and accretion		1,358			16			5			1,379
Total operating costs		24,427			4,247			1,329			30,003
Income (loss) from operations		(17,134	)		(4,247	)		(1,329	)		(22,710	)
Other income (expenses)		4,959			22,994			4			27,957
Income (loss) before income taxes	$	(12,175	)	$	18,747		$	(1,325	)	$	5,247

	Year ended July 31, 2021
Statement of Operations	United States			Canada			Paraguay			Total
Operating Costs:
Mineral property expenditures	$	3,868		$	8		$	603		$	4,479
General and administrative		9,699			2,894			47			12,640
Depreciation, amortization and accretion		373			17			3			393
Total operating costs		13,940			2,919			653			17,512
Loss from operations		(13,940	)		(2,919	)		(653	)		(17,512	)
Other income (expenses)		(2,571	)		5,259			7			2,695
Loss before income taxes	$	(16,511	)	$	2,340		$	(646	)	$	(14,817	)