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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
CURRENT ASSETS    
Cash and cash equivalents $ 553,597 $ 55,087
Receivables 69,160 29,930
Inventory 163,330 78,617
Ore on leach pads 157,461 92,724
Prepaid expenses and other 29,129 16,741
Current assets 972,677 273,099
NON-CURRENT ASSETS    
Property, plant and equipment and mining properties, net 2,744,884 1,817,616
Goodwill 625,812 0
Ore on leach pads, noncurrent 119,446 106,670
Restricted assets 9,114 8,512
Receivables, Net, Current 19,683 19,583
Deferred Income Tax Assets, Net 140,553 3,632
Other assets 63,513 72,635
Total consolidated assets 4,695,682 2,301,747
CURRENT LIABILITIES    
Accounts payable 148,872 125,877
Accrued liabilities and other 212,213 156,609
Debt 16,996 31,380
Reclamation 15,063 16,954
Current liabilities 393,144 330,820
NON-CURRENT LIABILITIES    
Debt 323,537 558,678
Reclamation 262,448 243,538
Deferred tax liabilities 322,983 7,258
Other long-term liabilities 80,519 38,201
Non-current liabilities $ 989,487 $ 847,675
Common stock, shares outstanding (in shares) 642,092,761 399,235,632
STOCKHOLDERS' EQUITY    
Common stock, par value $0.01 per share; authorized 900,000,000 shares, 642,092,761 issued and outstanding at December 31, 2025 and 399,235,632 at December 31, 2024 $ 6,421 $ 3,992
Additional paid-in capital 5,783,019 4,181,521
Accumulated deficit (2,476,389) (3,062,261)
Stockholders' equity 3,313,051 1,123,252
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 4,695,682 $ 2,301,747
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 900,000,000 900,000,000
Common stock, shares issued (in shares) 642,092,761 399,235,632