v3.25.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 26,897 $ 39,701
Prepaid expenses and other current assets 1,986 2,700
Marketable securities 11,357 24,046
Inventory, net 9,678 20,967
Total current assets 49,918 87,414
Mineral rights and properties, net 267,350 271,922
Property, plant and equipment, net 31,679 24,017
Intangible assets, net 1,475 471
Restricted cash 8,025 7,751
Marketable securities, non-current 332 837
Right of use assets - operating lease 222 310
Other long-term assets 378 0
Total assets 359,379 392,722
Current liabilities    
Note payable - related party 10,054 20,108
Operating lease liabilities, current 67 130
Total current liabilities 19,721 30,080
Deferred tax liabilities 26,798 26,980
Asset retirement obligations 17,765 16,918
Operating lease liabilities, non-current 176 202
Total liabilities 64,460 74,180
Commitments and contingencies (Note 10)
Stockholders’ equity    
Common stock 187,058,324 and 186,114,948 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 381,861 380,325
Additional paid-in-capital 66,500 59,856
Accumulated deficit (181,417) (150,848)
Accumulated other comprehensive loss (2,268) (3,597)
Total stockholders' equity 264,676 285,736
Non-controlling interests 30,243 32,806
Total equity 294,919 318,542
Total liabilities and stockholders' equity 359,379 392,722
Nonrelated party    
Current liabilities    
Accounts payable and accrued liabilities 9,208 7,464
Related party    
Current liabilities    
Accounts payable and accrued liabilities $ 392 $ 2,378