Segment Information

3 Months Ended

12 Months Ended

Mar. 31, 2021

Dec. 31, 2020

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company's reportable segments are comprised of operating units that have revenues, earnings or losses, or assets exceeding 10% of the respective consolidated totals, and are consistent with the Company’s management reporting structure. Each segment is reviewed by the executive decision-making group to make decisions about allocating the Company's resources and to assess their performance. The tables below summarize the Company's segment information (dollars in thousands):

	Three Months Ended March 31,
	Hycroft Mine		Corporate and Other		Total
2021
Revenue - Note 14	$	19,036	$	—	$	19,036
Cost of sales	29,402		—		29,402
Other operating costs	595		3,794		4,389
Loss from operations	(10,961)		(3,794)		(14,755)
Interest expense - Note 9	—		(4,449)		(4,449)
Fair value adjustment to warrants - Note 19	—		9,493		9,493
Interest income	23		—		23
Income (loss) before income taxes	(10,938)		1,250		(9,688)
Income taxes - Note 16	—		—		—
Net income (loss)	$	(10,938)	$	1,250	$	(9,688)
2020
Revenue - Note 14	$	11,146	$	—	$	11,146
Cost of sales	23,890		—		23,890
Other operating costs	93		2,006		2,099
Loss from operations	(12,837)		(2,006)		(14,843)
Interest expense - Note 9	(85)		(19,802)		(19,887)
Fair value adjustment to warrants - Note 19	—		—		—
Interest income	112		—		112
Loss before income taxes	(12,810)		(21,808)		(34,618)
Income taxes - Note 16	—		—		—
Net loss	$	(12,810)	$	(21,808)	$	(34,618)

Segment Information

The Company's reportable segments are comprised of operating units that have revenues, earnings or losses, or assets exceeding 10% of the respective consolidated totals, and are consistent with the Company’s management reporting structure. Each segment is reviewed by the executive decision-making group to make decisions about allocating the Company's resources and to assess their performance. The tables below summarize the Company's segment information:

	Year Ended December 31,
	Hycroft Mine		Corporate and Other		Total
			(as restated)		(as restated)
2020
Revenue - Note 14	$	47,044	$	—	$	47,044
Cost of sales	109,621		—		109,621
Other operating costs	5,705		21,084		26,789
Loss from operations	(68,282)		(21,084)		(89,366)
Interest expense - Note 10	(141)		(43,317)		(43,458)
Fair value adjustment to Warrants - Note 19	—		(3,767)		(3,767)
Interest income	199		—		199
Loss before reorganization items and income taxes	(68,224)		(68,168)		(136,392)
Reorganization items	—		—		—
Loss before income taxes	$	(68,224)	$	(68,168)	$	(136,392)
Total Assets	$	177,298	$	55,328	$	232,626
2019
Revenue - Note 14	$	13,709	$	—	$	13,709
Cost of sales	30,669		—		30,669
Other operating costs	10,909		6,072		16,981
Loss from operations	(27,869)		(6,072)		(33,941)
Interest expense - Note 10	(786)		(64,060)		(64,846)
Fair value adjustment to Warrants - Note 19	—		—		—
Interest income	797		—		797
Loss before reorganization items and income taxes	(27,858)		(70,132)		(97,990)
Reorganization items	—		(905)		(905)
Loss before income taxes	$	(27,858)	$	(71,037)	$	(98,895)
Total Assets	$	119,789	$	14,848	$	134,637