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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Revenue $ 11,857 $ 13,227 $ 31,853 $ 26,628
Costs of sales 13,489 12,601 33,351 25,311
Gross profit (loss) (1,632) 626 (1,498) 1,317
Operating expenses:        
Exploration costs 0 9 0 62
Selling, general and administrative expenses 6,425 9,016 13,196 17,110
Total operating expenses 6,425 9,025 13,196 17,172
Loss from equity method investments (1,139) (4,910) (6,074) (10,350)
Restructuring charges (401) (314) (684) (2,094)
Loss from operations (9,597) (13,623) (21,452) (28,299)
Other (expense) income:        
Interest income 537 653 1,236 1,480
Interest expense (532) (76) (1,092) (298)
Loss on sale of equity method investments [1] 0 0 0 (13,886)
Other (loss) income (146) (288) (4,061) 965
Total other (expense) income (141) 289 (3,917) (11,739)
Loss before income taxes (9,738) (13,334) (25,369) (40,038)
Income tax benefit 0 (2) 0 (3,095)
Net loss $ (9,738) $ (13,332) $ (25,369) $ (36,943)
Basic and diluted:        
Basic net loss per weighted-average share (in dollars per share) $ (0.44) $ (0.69) $ (1.16) $ (1.91)
Diluted net loss per weighted-average share (in dollars per share) $ (0.44) $ (0.69) $ (1.16) $ (1.91)
Weighted-average shares outstanding:        
Basic (in shares) 21,945 19,370 21,942 19,348
Diluted (in shares) 21,945 19,370 21,942 19,348
[1] Loss on sale of equity method investments includes a loss on the sale of shares in Sayona Mining of $17,215, partially offset by a gain on the sale of shares in Atlantic Lithium of $3,143 and a gain on dilution related to the issuance of additional shares of Atlantic Lithium of $186 for the six months ended June 30, 2024. See Note 8—Equity Method Investments.