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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating activities:    
Net loss $ (1,454) $ (1,492)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 14 13
Amortization of right of use lease asset 20 21
Stock-based compensation expense 251 415
Realized and unrealized gain on sale of marketable equity securities (586) (310)
Loss on derivative instruments 336 21
Changes in operating assets and liabilities:    
Prepaid expenses and other (163) (364)
Accounts payable and other current liabilities 181 126
Net cash used in operating activities (1,401) (1,570)
Investing activities:    
(Purchase) sale of short-term investments, net (4,300) 388
Purchase of mineral property 0 (55)
Purchase of other assets 0 (12)
Cash from sale of marketable equity securities 1,507 54
Cash paid for settlement of derivative instruments (403) 0
Sale of derivative instruments 0 39
Net cash (used) provided by investing activities (3,196) 414
Financing activities:    
Issuance of common stock - net of issuing costs 4,505 1,218
Issuance of common stock upon exercise of stock options 206 14
Net cash provided by financing activities 4,711 1,232
Net increase in cash and cash equivalents and restricted cash 114 76
Cash, cash equivalents and restricted cash, beginning of period 311 200
Cash, cash equivalents and restricted cash, end of period $ 425 $ 276