v3.25.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Jun. 30, 2024
Current    
Cash and cash equivalents $ 25,554 $ 2,012
Prepaid expenses and other 1,183 916
Total current assets 26,737 2,928
Non-current    
Deposits 37 35
Investment in equity securities 3 4
Right-of-use assets 118 181
Land and buildings, net 839 837
Mineral properties 16,085 16,085
Total assets 43,819 20,070
LIABILITIES    
Accounts payable and accrued liabilities 1,795 1,843
Warrant liabilities, at fair value 2,365
Convertible debt 7,660
Operating lease liability 98 96
Total current liabilities 1,893 11,964
Warrant liabilities, at fair value 6,852 1,651
Earnout liability, at fair value 5,880 3,817
Operating lease liability 33 104
Total liabilities 14,658 17,536
Commitments and contingencies  
Redeemable noncontrolling interest 838 1,534
SHAREHOLDERS’ EQUITY    
Common stock, no par value, unlimited shares authorized;  58,491,196 and 38,062,647 shares outstanding, respectively 208,551 163,823
Accumulated deficit (179,317) (161,912)
Accumulated other comprehensive loss (911) (911)
Total shareholders’ equity 28,323 1,000
Total liabilities, redeemable noncontrolling interest, and shareholders’ equity $ 43,819 $ 20,070