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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Profit or loss [abstract]    
Revenue $ 148,421 $ 91,608
Production services revenue 51 468
Total revenue 148,472 92,076
Cost of sales    
Production costs (65,473) (38,222)
Depreciation, depletion and amortization (7,982) (7,469)
Cost of sales (73,455) (45,691)
Gross profit 75,017 46,385
Exploration and evaluation expenses (9,363) (3,263)
General and administrative expenses (10,808) (8,649)
Other income (expense)    
Accretion and interest expense (1,600) (971)
Loss on derivative instruments (294) (1,959)
Loss on derecognition or modification of financial liability (1,251) (483)
Gain on elimination of Contingent Consideration 1,000 0
Foreign exchange gain (loss) 1,397 (1,665)
Interest income 566 48
Other gain (loss) 32 (94)
Income before income taxes 54,696 29,349
Income tax expense (17,218) (6,973)
Deferred tax expense (3,738) (3,224)
Income for the year 33,740 19,152
Items subject to reclassification into statement of income:    
Foreign currency translation adjustment (487) 1,513
Other comprehensive (loss) income for the year (487) 1,513
Comprehensive income for the year $ 33,253 $ 20,665
Basic income per common share $ 0.41 $ 0.27
Diluted income per common share $ 0.41 $ 0.26
Weighted average common shares outstanding - basic 81,704 72,086
Weighted average common shares outstanding - diluted 83,226 73,712