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Prepaids and Deposits
12 Months Ended
Dec. 31, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepaids and Deposits Prepaids and Deposits
The following table provides the components of Prepaids and deposits (in thousands):
Year Ended December 31,
20242023
Prepaids and deposits, current:
Prepaids:
Insurance$1,215 $1,631 
Mining claims and permit fees564 495 
Surety bond fees553 643 
License fees324 280 
Other28 73 
Deposits179 204 
Total$2,863 $3,326 
Prepaids, non-current:
Insurance$— $947 
Royalty – advance payment on Crofoot Royalty600 600 
Total$600 $1,547 
Royalty advance payment
As of December 31, 2024 and 2023, royalty-advance payments included annual advance payments for a portion of the Hycroft Mine requiring a 4% net profit royalty be paid to the previous owners of certain patented and unpatented mining claims. See Note 24 – Commitments and Contingencies for further detail.
Insurance non-current
During the year ended December 31, 2023, the Company purchased directors and officers insurance that extends coverage through September 2025.