XML 22 R3.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets:    
Cash and cash equivalents $ 141,984 $ 12,342
Accounts receivable 2,771 0
Income tax receivable 1,530 1,530
Interest receivable 459 0
Inventories – Note 3 2,808 11,069
Ore on leach pads – Note 3 0 10,106
Prepaids and deposits, net – Note 4 2,840 2,342
Current assets 152,392 37,389
Plant and equipment, net – Note 5 54,832 58,484
Restricted cash – Note 6 33,982 34,293
Other assets – Note 4 600 600
Assets held for sale – Note 7 7,148 11,558
Total assets 248,954 142,324
Liabilities:    
Accounts payable and accrued expenses 5,644 9,430
Contract liabilities – Note 8 1,050 0
Debt, net – Note 10 2,328 16,666
Deferred gain on sale of royalty – Note 11 0 125
Other liabilities – Note 9 3,011 5,044
Current liabilities 12,033 31,265
Debt, net – Notes 10 and 20 132,690 143,638
Deferred gain on sale of royalty – Note 11 29,837 29,714
Warrant liabilities – Notes 12 and 20 786 669
Asset retirement obligation – Note 13 10,302 5,193
Other liabilities – Note 9 0 339
Total liabilities 185,648 210,818
Commitments and contingencies – Note 23
Stockholders’ equity (deficit):    
Common stock, $0.0001 par value; 1,400,000,000 shares authorized; 200,270,599 issued and outstanding at December 31, 2022, and 60,433,395 issued and outstanding at December 31, 2021 – Note 14 20 6
Additional paid-in capital – Note 14 733,437 540,823
Accumulated deficit (670,151) (609,323)
Total stockholders’ equity (deficit) 63,306 (68,494)
Total liabilities and stockholders’ equity (deficit) $ 248,954 $ 142,324