XML 16 R4.htm IDEA: XBRL DOCUMENT v3.26.1
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating expenses:        
General and administrative costs $ 15,196 $ 3,478 $ 49,361 $ 6,411
Exploration and development costs 8,554 2,344 18,206 5,343
Mine site costs 3,879 2,673 9,322 5,153
Depreciation and amortization 303 498 688 1,032
Asset retirement obligation adjustments and accretion (5,430) 333 (5,124) 666
Other (income) expense, net 0 (11) 114 (68)
Loss from operations (22,502) (9,315) (72,567) (18,537)
Non-operating income (expense):        
Interest income 1,788 687 3,684 1,400
Other income (loss), net (36) 370 (154) 507
Interest expense 0 (3,479) 0 (6,866)
Net loss $ (20,750) $ (11,737) $ (69,037) $ (23,496)
Net loss per share:        
Basic (in dollars per share) $ (0.23) $ (0.43) $ (0.76) $ (0.89)
Diluted (in dollars per share) $ (0.23) $ (0.43) $ (0.76) $ (0.89)
Weighted average shares outstanding:        
Basic (in shares) 91,504,140 27,584,548 90,626,973 26,273,721
Diluted (in shares) 91,504,140 27,584,548 90,626,973 26,273,721