Related Party Transactions

3 Months Ended

Mar. 31, 2025

Related Party Transactions [Abstract]

Related Party Transactions

Related Party Transactions

As of March 31, 2025, American Multi-Cinema, Inc. (“AMC”) was classified as a related party because a representative from AMC serves on the Company’s Board of Directors. During the three months ended March 31, 2025, the Company paid $0.0 million in director fees for AMC’s board representative. As of March 31, 2025, AMC, through its director representative, was entitled to receive shares of common stock of 12,393, upon the future vesting of RSUs.

As of March 31, 2024, Ausenco Engineering South USA, Inc. (“Ausenco”) and AMC were considered related parties. The Company’s President and Chief Executive Officer served in a non-executive director position on the board of Ausenco’s parent company from November 3, 2020 to January 29, 2025. During the three months ended March 31, 2024, the Company paid an aggregate of $0.3 million to Ausenco to prepare the 2023 Hycroft TRS and AMC for director fees. As of March 31, 2024, AMC, through its director representative, was entitled to receive shares of common stock of 12,721, upon the future vesting of RSUs.