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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Operating expenses:        
General and administrative costs $ 16,685 $ 2,564 $ 66,046 $ 8,975
Exploration and development costs 8,331 4,006 26,537 9,349
Mine site costs 3,907 2,528 13,229 7,681
Depreciation and amortization 301 502 989 1,534
Asset retirement obligation adjustments and accretion (957) (2,342) (6,081) (1,676)
Other (income) expense, net (20) 0 94 (68)
Loss from operations (28,247) (7,258) (100,814) (25,795)
Non-operating income (expense):        
Interest income 2,108 1,131 5,792 2,531
Other income (loss), net (6) 315 (160) 822
Interest expense 0 (3,564) 0 (10,430)
Net loss $ (26,145) $ (9,376) $ (95,182) $ (32,872)
Net loss per share:        
Basic (in dollars per share) $ (0.28) $ (0.22) $ (1.04) $ (1.04)
Diluted (in dollars per share) $ (0.28) $ (0.22) $ (1.04) $ (1.04)
Weighted average shares outstanding:        
Basic (in shares) 93,174,915 42,453,570 91,485,620 31,726,271
Diluted (in shares) 93,174,915 42,453,570 91,485,620 31,726,271