Note 14 - Derivatives and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives Not Designated as Hedging Instruments [Table Text Block]

As of March 31, 2025, the Company had the following outstanding derivatives that were not designated as hedges in qualifying hedging relationships:

Period	Commodity	Volume		Weighted Average Price ($/oz)
2025	Gold		43,739	$	2,025
2026	Gold		28,000	$	2,025
2027	Gold		15,000	$	1,933
			86,739	$	2,009

The volume outstanding as of March 31, 2025 of 86,739 includes 11,939 ounces of gold forward sold under Carry Trade contracts. See Note 13 - Debt.

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Condensed Consolidated Balance Sheets as of March 31, 2025 and December 31, 2024.

		As of March 31, 2025									As of December 31, 2024
Derivatives not designated as hedging instruments	Balance Sheet Location	Gross Recognized Assets / Liabilities			Gross Amounts Offset			Net Recognized Assets / Liabilities			Gross Recognized Assets / Liabilities			Gross Amounts Offset		Net Recognized Assets / Liabilities
Commodity Contracts	Derivative contract asset - current	$	2,196,554		$	(2,196,554	)	$	—		$	—		$	—	$	—
Commodity Contracts	Derivative contract liability - current	$	(56,837,563	)	$	2,196,554		$	(54,641,009	)	$	(29,076,582	)	$	—	$	(29,076,582	)
Commodity Contracts	Derivative contract asset - noncurrent	$	—		$	—		$	—		$	—		$	—	$	—
Commodity Contracts	Derivative contract liability - noncurrent	$	(43,526,754	)	$	—		$	(43,526,754	)	$	(28,615,525	)	$	—	$	(28,615,525	)

Derivative Instruments, Gain (Loss) [Table Text Block]

The table below presents the effect of the Company’s derivative financial instruments that are not designated as hedging instruments on the Condensed Consolidated Statement of Operations for the three months ended March 31, 2025 and 2024.

Derivatives Not Designated as Hedging Instruments under Subtopic 815-20	Location of Gain or (Loss) Recognized in Income on Derivative	Amount of Gain or (Loss) Recognized in Income on Derivative
		Three months ended March 31, 2025			Three months ended March 31, 2024
Commodity Contracts	Unrealized loss on derivative contracts	$	(40,475,656	)	$	(15,625,330	)
Total		$	(40,475,656	)	$	(15,625,330	)