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Related Party Transactions
3 Months Ended
Mar. 31, 2023
Related Party Transactions [Abstract]  
Related Party Transactions Related Party TransactionAs of March 31, 2023, each of Ausenco Engineering South USA, Inc. (“Ausenco”) and AMC was considered a related party. The Company’s President and Chief Executive Officer is currently a non-executive director for Ausenco’s parent company Board of Directors. Additionally, an AMC representative serves on the Company’s Board of Directors. During the three months ended March 31, 2023, the Company paid an aggregate of $0.1 million, to Ausenco and AMC for the preparation of the 2023 Hycroft TRS and directors fees, respectively. During the three months ended March 31, 2022, the Company paid $1.0 million to Ausenco for work performed on preparing an Acid POX milling technical study. As of March 31, 2023, AMC is entitled to receive 61,189 shares of common stock upon the future vesting of restricted stock units.Certain amounts of the Company’s indebtedness have historically, and with regard to the $80.0 million of Subordinated Notes, been held by five financial institutions. As of March 31, 2023, none of the financial institutions held more than 10% of the common stock of the Company. As of March 31, 2022, one of the financial institutions, Mudrick, held more than 10% of the common stock of the Company and, as a result, was considered a related party in accordance with ASC 850, Related Party Disclosures. For the three months ended March 31, 2022, Interest expense included $0.8 million for the debt held by Mudrick and as of December 31, 2022, Mudrick held $42.9 million of Debt, net.