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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net loss $ (2,708) $ (1,073)
Adjustments to reconcile net loss to net cash used in operations:    
Depreciation and amortization 22 12
Stock-based compensation 359 291
Gain on sale of plant and equipment   (802)
Change in working capital account items:    
Other current assets 153 44
Accounts payable, accrued liabilities and other 354 210
Net cash used in operating activities (1,820) (1,318)
Cash flows from investing activities:    
Proceeds from grant of royalty interest in mineral titles   7,000
Net proceeds from sale of plant and equipment   802
Additions to plant and equipment (34) (51)
Capitalized mineral property development costs (150) (504)
Net cash provided by/(used in) investing activities (184) 7,247
Cash flows from financing activities:    
Proceeds from equity financing, net 269  
Payment of taxes from withheld shares (245) (85)
Net cash provided by/(used in) financing activities 24 (85)
Net increase (decrease) in cash and cash equivalents (1,980) 5,844
Cash and cash equivalents, beginning of period 16,950 6,069
Cash and cash equivalents, end of period $ 14,970 $ 11,913