Segment Information

6 Months Ended

Jun. 30, 2024

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 its performance. The tables below summarize the Company’s segment information (in thousands):

	Three Months Ended June 30, 2024						Six Months Ended June 30,
	Hycroft Mine		Corporate and Other		Total		Hycroft Mine		Corporate and Other		Total
2024
Operating costs	$	10,348	$	3,933	$	14,281	$	20,690	$	6,820	$	27,510
Loss from operations	(10,348)		(3,933)		(14,281)		(20,689)		(6,820)		(27,510)
Other income, net – Note 19	(111)		(3,150)		(3,261)		(1,407)		(3,158)		(4,565)
Interest expense – Note 9	1		3,217		3,218		2		13,336		13,338
Interest income	(300)		(758)		(1,058)		(755)		(1,598)		(2,353)
Net loss	$	(9,938)	$	(3,242)	$	(13,180)	$	(18,530)	$	(15,400)	$	(33,930)
2023
Operating costs	$	7,861	$	3,706	$	11,567	$	16,055	$	7,045	$	23,100
Loss from operations	(7,861)		(3,706)		(11,567)		(16,055)		(7,045)		(23,100)
Other income, net – Note 19	(85)		(59)		(144)		(85)		(181)		(266)
Interest expense – Note 9	—		4,587		4,587		—		9,023		9,023
Interest income	(612)		(1,509)		(2,121)		(1,076)		(2,983)		(4,059)
Net loss	$	(7,164)	$	(6,725)	$	(13,889)	$	(14,894)	$	(12,904)	$	(27,798)

	June 30, 2024						December 31, 2023
	Hycroft Mine		Corporate and Other		Total		Hycroft Mine		Corporate and Other		Total
Total Assets	$	49,942	$	105,517	$	155,459	$	66,129	$	135,564	$	201,693