Revenues

3 Months Ended

12 Months Ended

Mar. 31, 2021

Dec. 31, 2020

Revenue from Contract with Customer [Abstract]

Revenues

Revenues

The table below is a summary of the Company’s gold and silver sales (dollars in thousands):

	Three Months Ended March 31,
	2021			2020
	Amount		Ounces Sold	Amount		Ounces Sold
Gold sales	$	17,541	9,830	$	10,348	6,560
Silver sales	1,495		57,236	798		49,373
Total	$	19,036		$	11,146

While the Company is not obligated to sell any of its gold and silver to one customer, the majority of gold and silver sales during both of the three months ended March 31, 2021 and 2020 were to the same customer. For the three months ended March 31, 2021 and 2020, approximately 96.5% and 96.6%, respectively, of revenue was attributable to sales to one customer.

Revenues

The table below is a summary of the Company’s gold and silver sales (in thousands, except ounces sold):

	Year Ended December 31,
	2020			2019
	Amount		Ounces Sold	Amount		Ounces Sold
Gold sales	$	44,279	24,892	$	12,803	8,593
Silver sales	2,765		136,238	906		52,036
Total	$	47,044		$	13,709

Following the 2019 restart of the Hycroft Mine, the Company began recording revenue from gold and silver sales during the third quarter of 2019. While the Company is not obligated to sell any of its gold and silver to one customer, the majority of gold and silver sales during both 2019 and 2020 were to the same customer. For the years ended December 31, 2020 and 2019, approximately 79.1% and 100.0%, respectively, of revenue was attributable to sales to one customer.