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Segment Information
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company’s reportable segments are comprised of operating units that have losses or assets exceeding 10% of the respective consolidated totals and are consistent with the Company’s management reporting structure. The Hycroft Mine is our only operating segment and includes the mine site, exploration, and development activities. Direct support costs account for 100% of the segment’s Operating expenses. Corporate and Other includes corporate General and administrative costs.
Segments are reported in a manner consistent with the internal reporting provided to the chief operating decision-maker (“CODM”). The chief operating decision-maker, who is responsible for allocating resources and assessing the performance of the operating segments, has been identified as the Chief Executive Officer. The CODM evaluates segment cash and working capital positions. Total assets are not included in this presentation as they are not a focus of the CODM’s assessment at this point in the Company’s business life cycle.
The tables below summarize the Company’s segment information (in thousands):
Year Ended December 31, 2024
Hycroft MineCorporate and OtherTotal
Operating costs(1)
$19,503 $14,440 $33,943 
Asset retirement obligation adjustments and accretion expense7,116 — 7,116 
Depreciation, amortization, and inventory adjustments2,764 — 2,764 
Loss from operations(29,383)(14,440)(43,823)
Interest income1,304 3,115 4,419 
Other income (loss), net50 (1,573)(1,523)
Interest expense(1)(19,968)(19,969)
Net loss$(28,030)$(32,866)$(60,896)
Year Ended December 31, 2023
Hycroft MineCorporate and OtherTotal
Operating costs(1)
$30,831 $12,673 $43,504 
Asset retirement obligation adjustments and accretion expense(1,800)— (1,800)
Depreciation, amortization, and inventory adjustments3,309 — 3,309 
Loss from operations(32,340)(12,673)(45,013)
Interest income2,422 5,856 8,278 
Other income, net— 178 178 
Interest expense(1)(18,466)(18,467)
Net loss$(29,919)$(25,105)$(55,024)
(1)For the years ended December 31, 2024 and 2023, all depreciation and amortization expense was attributable to the Hycroft Mine.