Prepaids and deposits

12 Months Ended

Dec. 31, 2025

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

The following table provides the components of Prepaids and deposits (in thousands):


	Year Ended December 31,
	2025		2024
Prepaids and deposits, current:
Prepaids:
Insurance	$	1,215	$	1,215
Mining claims and permit fees	569		564
Surety bond fees	560		553
License fees	405		324
Other	22		28
Deposits	182		179
Total	$	2,953	$	2,863

Prepaids, non-current:
Insurance	$	37	$	—
Royalty – advance payment on Crofoot Royalty	—		600
Total	$	37	$	600

Royalty – advance payment

As of December 31, 2024, 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. During the year ended December 31, 2025, the parties agreed to terminate the Crofoot Royalty and the agreement was terminated in early January 2026. See Note 22 – Commitments and contingencies to the Notes to the Consolidated Financial Statements for further detail.

Insurance – non-current

During the year ended December 31, 2025, the Company purchased a multi-year contractor pollution insurance policy that extends coverage through March 2028.