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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating expenses:    
General and administrative costs $ 34,165 $ 2,933
Exploration and development costs 9,652 2,999
Mine site costs 5,443 2,480
Depreciation and amortization 385 534
Asset retirement obligation adjustments and accretion expense 306 333
Other (income) expense, net 114 (57)
Loss from operations (50,065) (9,222)
Non-operating income (expense):    
Interest income 1,896 713
Other income (loss), net (118) 137
Interest expense 0 (3,387)
Net loss $ (48,287) $ (11,759)
Net loss per share:    
Basic (in dollars per share) $ (0.54) $ (0.47)
Diluted (in dollars per share) $ (0.54) $ (0.47)
Weighted average shares outstanding:    
Basic (in shares) 89,740,061 24,948,434
Diluted (in shares) 89,740,061 24,948,434