Segment Information (Tables)

6 Months Ended

Jun. 30, 2022

The tables below summarize the Company’s segment information (dollars in thousands):


	Three Months Ended June 30,						Six months ended June 30,
	Hycroft Mine		Corporate and Other		Total		Hycroft Mine		Corporate and Other		Total
2022
Revenues - Note 14	$	3,831	$	—	$	3,831	$	12,997	$	—	$	12,997
Cost of sales	6,817		—		6,817		23,789		—		23,789
Other operating costs	253		5,248		5,501		1,393		8,320		9,713
Loss from operations	(3,239)		(5,248)		(8,487)		(12,185)		(8,320)		(20,505)
Interest expense, net of capitalized interest - Note 9	(2)		(4,196)		(4,198)		(6)		(9,538)		(9,544)
Fair value adjustment to warrants - Notes 11 and 19	—		3,706		3,706		—		(1,615)		(1,615)
Interest income	20		—		20		20		—		20


Gain on sale of equipment	(23)		—		(23)		602		—		602
Net loss	$	(3,244)	$	(5,738)	$	(8,982)	$	(11,569)	$	(19,473)	$	(31,042)

2021
Revenues - Note 14	$	36,001	$	—	$	36,001	$	55,037	$	—	$	55,037
Cost of sales	33,501		—		33,501		62,903		—		62,903
Other operating costs	1,125		5,164		6,289		1,720		8,958		10,678
Loss from operations	1,375		(5,164)		(3,789)		(9,586)		(8,958)		(18,544)
Interest expense, net of capitalized interest - Note 9	—		(5,298)		(5,298)		—		(9,747)		(9,747)
Fair value adjustment to warrants - Notes 11 and 19	—		651		651		—		10,144		10,144
Interest income	9		—		9		32		—		32
Net income (loss)	$	1,384	$	(9,811)	$	(8,427)	$	(9,554)	$	(8,561)	$	(18,115)