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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Operating expenses:        
Projects, exploration, and development $ 4,665,000 $ 7,200,000 $ 14,621,000 $ 15,974,000
General and administrative 4,405,000 2,765,000 11,225,000 9,810,000
Asset retirement obligation adjustment – Note 13 2,297,000 0 6,261,000 0
Mine site period costs – Note 17 1,740,000 2,694,000 6,800,000 9,325,000
Depreciation and amortization – Note 6 523,000 726,000 1,706,000 2,155,000
Accretion – Note 13 372,000 186,000 899,000 558,000
Gain on settlement of accrued liability 0 0 0 (1,151,000)
Loss from operations (14,002,000) (13,571,000) (41,512,000) (36,671,000)
Other expense (income):        
Other income, net – Note 18 2,403,000 457,000 6,980,000 723,000
Interest income 1,029,000 2,100,000 3,382,000 6,159,000
Write-down of supplies inventories – Note 4 366,000 0 378,000 0
Interest expense, net – Note 11 (3,292,000) (4,698,000) (16,630,000) (13,721,000)
Net loss $ (14,228,000) $ (15,712,000) $ (48,158,000) $ (43,510,000)
Loss per share:        
Basic (in dollars per share) $ (0.59) $ (0.78) $ (2.13) $ (2.16)
Diluted (in dollars per share) $ (0.59) $ (0.78) $ (2.13) $ (2.16)
Weighted average shares outstanding:        
Basic (in shares) 24,058,560 20,195,402 22,619,146 20,102,136
Diluted (in shares) 24,058,560 20,195,402 22,619,146 20,102,136