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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Operating expenses:        
Projects, exploration, and development $ 5,053 $ 5,293 $ 9,956 $ 8,774
General and administrative 3,906 3,706 6,820 7,045
Mine site period costs – Note 2 2,488 2,822 5,060 6,631
Asset retirement obligation adjustment 1,972 0 3,964 0
Depreciation and amortization – Note 2 567 711 1,183 1,429
Accretion – Note 12 295 186 527 372
Gain on settlement of accrued liability 0 (1,151) 0 (1,151)
Loss from operations (14,281) (11,567) (27,510) (23,100)
Other expense (income):        
Interest expense, including accelerated amortization of discount and issuance costs of $6,871 – Note 9 3,218 4,587 13,338 9,023
Write-down of production inventories 0 0 12 0
Fair value adjustment to warrants – Notes 13 and 20 1 59 7 181
Interest income (1,058) (2,121) (2,353) (4,059)
Other income, net – Note 19 (3,261) (144) (4,565) (266)
Net loss $ (13,180) $ (13,889) $ (33,930) $ (27,798)
Loss per share:        
Basic (in dollars per share) $ (0.57) $ (0.69) $ (1.55) $ (1.39)
Diluted (in dollars per share) $ (0.57) $ (0.69) $ (1.55) $ (1.39)
Weighted average shares outstanding:        
Basic (in shares) 22,983,276 20,082,098 21,903,372 20,054,731
Diluted (in shares) 22,983,276 20,082,098 21,903,372 20,054,731