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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Common Stock and Additional Paid-in Capital
McEwen Copper Inc.
Common Stock and Additional Paid-in Capital
Goliath Resources Limited
Common Stock and Additional Paid-in Capital
Paragon Advanced Labs Inc.
Common Stock and Additional Paid-in Capital
Accumulated Deficit
Non-controlling Interests
McEwen Copper Inc.
Non-controlling Interests
McEwen Copper Inc.
Goliath Resources Limited
Paragon Advanced Labs Inc.
Total
Balance at Dec. 31, 2022       $ 1,644,144 $ (1,321,335)   $ 33,465       $ 356,274
Balance (in shares) at Dec. 31, 2022       47,428              
Increase (Decrease) in Shareholders' Equity                      
Stock-based compensation       $ 605             605
Stock-based compensation (in shares)       66              
Restricted shares issued       $ 366             366
Restricted shares issued (in shares)       43              
Shares issued for debt refinancing (Note 11) $ 109,913         $ 75,477   $ 185,390      
Sale of flow-through shares (Note 13)       $ 13,428             13,428
Sale of flow-through shares (Note 13) (in shares)       1,903              
Net income (loss) and comprehensive income (loss)         55,299   $ (22,122)       33,177
McEwen Copper Inc. deconsolidation (Note 9)           $ (86,820)   $ (86,820)      
Balance at Dec. 31, 2023       $ 1,768,456 (1,266,036)           502,420
Balance (in shares) at Dec. 31, 2023       49,440              
Increase (Decrease) in Shareholders' Equity                      
Stock-based compensation       $ 3,244             3,244
Stock-based compensation (in shares)       241              
Exercise of warrants       $ 9             9
Exercise of warrants (in shares)       1              
Sale of flow-through shares (Note 13)       $ 14,374             14,374
Sale of flow-through shares (Note 13) (in shares)       1,533              
Shares issued to acquire Timberline Resources Corporation       $ 17,706             17,706
Shares issued to acquire Timberline Resources Corporation (in shares)       1,839              
Warrants assumed in acquisition of Timberline Resources Corporation       $ 913             913
Net income (loss) and comprehensive income (loss)         (43,691)           (43,691)
Balance at Dec. 31, 2024       $ 1,804,702 (1,309,727)           494,975
Balance (in shares) at Dec. 31, 2024       53,054              
Increase (Decrease) in Shareholders' Equity                      
Stock-based compensation       $ 7,251             7,251
Stock-based compensation (in shares)       533              
Exercise of warrants       $ 610             610
Exercise of warrants (in shares)       85              
Investments in equity interest   $ 6,068 $ 13,719           $ 6,068 $ 13,719  
Investments in equity interest (in shares)   868 709                
Purchase of capped call options (Note 11)       $ (15,114)             (15,114)
Shares issued for debt refinancing (Note 11)       $ 400             400
Shares issued for debt refinancing (Note 11) (in shares)       53              
Sale of flow-through shares (Note 13)       $ 3,894             3,894
Sale of flow-through shares (Note 13) (in shares)       215              
Net income (loss) and comprehensive income (loss)         34,434           34,434
McEwen Copper Inc. deconsolidation (Note 9)                     (86,800)
Balance at Dec. 31, 2025       $ 1,821,530 $ (1,275,293)           $ 546,237
Balance (in shares) at Dec. 31, 2025       55,517