XML 16 R2.htm IDEA: XBRL DOCUMENT v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 41,562 $ 52,403
Accounts receivable 5,039 4,944
Prepaid expenses and other current assets 6,867 3,559
Marketable securities 70,117 43,591
Inventory, net 9,934 5,317
Total current assets 133,519 109,814
Mineral rights and properties, net 262,926 265,834
Property, plant and equipment, net 40,510 41,160
Intangible assets, net 1,256 1,465
Restricted cash 9,764 8,388
Right of use assets - operating lease 3,051 3,083
Other long-term assets 637 678
Total assets 451,663 430,422
Current liabilities    
Operating lease liabilities, current 314 186
Total current liabilities 12,053 13,680
Deferred tax liabilities 26,190 26,384
Asset retirement obligations 18,994 18,915
Convertible senior notes 110,220 109,986
Operating lease liabilities, non-current 3,006 3,077
Total liabilities 170,463 172,042
Commitments and contingencies (Note 10)
Stockholders’ equity    
Common stock 194,216,153 and 187,354,424 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 409,567 382,842
Additional paid-in-capital 50,329 56,733
Accumulated deficit (202,300) (207,704)
Accumulated other comprehensive loss (2,817) (2,626)
Total stockholders' equity 254,779 229,245
Non-controlling interests 26,421 29,135
Total equity 281,200 258,380
Total liabilities and stockholders' equity 451,663 430,422
Nonrelated party    
Current liabilities    
Accounts payable and accrued liabilities 11,611 12,434
Related party    
Current liabilities    
Accounts payable and accrued liabilities $ 128 $ 1,060