XML 23 R2.htm IDEA: XBRL DOCUMENT v3.21.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Assets:    
Cash $ 56,363,000 $ 208,536
Accounts receivable 426,000 97,000
Inventories - Note 4 12,867,000 4,453,000
Ore on leach pads, current - Note 4 38,041,000 22,062,000
Prepaids and other - Note 5 4,303,000 2,648,000
Restricted cash - Note 6 0 3,270,000
Total Current Assets 112,000,000 307,777
Ore on leach pads, non-current - Note 4 7,243,000 0
Other assets, non-current - Note 5 13,483,000 24,886,000
Plant, equipment, and mine development, net - Note 7 60,223,000 31,524,000
Restricted cash - Note 6 39,677,000 39,477,000
TOTAL ASSETS 232,626,000 215,693,534
Liabilities:    
Accounts payable 12,280,000 10,746,000
Other liabilities, current - Note 8 4,157,000 3,939,000
Debt, net, current - Note 9 5,120,000 553,965,000
Royalty obligation, current - Note 10 124,000 0
Interest payable 0 846,000
Total Current Liabilities 21,681,000 334,619
Other liabilities, non-current - Note 8 1,712,000 18,000
Debt, net, non-current - Note 9 142,665,000 0
Royalty obligation, non-current - Note 10 29,839,000 0
Asset retirement obligation, non-current - Note 11 4,785,000 4,374,000
Total Liabilities 200,682,000 7,614,619
Commitments and contingencies - Note 20
Stockholders' (deficit) equity    
Common stock, $0.0001 par value; 400,000,000 shares authorized; 59,901,306 issued and outstanding at December 31, 2020; and 345,431 issued and 323,328 outstanding at December 31, 2019 [1] 6,000 0
Additional paid-in capital 548,975,000 [1] 711,409
Accumulated deficit (517,037,000) [1] 4,288,003
Total Stockholders' Equity 31,944,000 [1] 5,000,001
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 232,626,000 $ 215,693,534
[1] Retroactively restated for the reverse recapitalization as described in Note 2 - Summary of Significant Accounting Policies.