Note 15 - Derivatives and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives Not Designated as Hedging Instruments [Table Text Block]

As of December 31, 2025, the Company had the following outstanding derivatives that were not designated as hedges in qualifying hedging relationships:


Period		Commodity		Volume				Weighted Average Price ($/oz)
2026		Gold			28,000			$	2,025
2027		Gold			15,000			$	1,933
					43,000			$	1,993

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Consolidated Balance Sheets as of December 31, 2025 and December 31, 2024.


				As of December 31, 2025												As of December 31, 2024
Derivatives not designated as hedging instruments		Balance Sheet Location		Gross Recognized Assets / Liabilities				Gross Amounts Offset				Net Recognized Assets / Liabilities				Gross Recognized Assets / Liabilities				Gross Amounts Offset				Net Recognized Assets / Liabilities
Commodity Contracts		Derivative contract asset - current		$	—			$	—			$	—			$	—			$	—			$	—
Commodity Contracts		Derivative contract liability - current		$	(66,465,622	)		$	—			$	(66,465,622	)		$	(29,076,582	)		$	—			$	(29,076,582	)
Commodity Contracts		Derivative contract asset - noncurrent		$	—			$	—			$	—			$	—			$	—			$	—
Commodity Contracts		Derivative contract liability - noncurrent		$	(37,191,718	)		$	—			$	(37,191,718	)		$	(28,615,525	)		$	—			$	(28,615,525	)

Derivative Instruments, Gain (Loss) [Table Text Block]

The table below presents the effect of the Company’s derivative financial instruments that are not designated as hedging instruments on the Consolidated Statement of Operations for the fiscal year ended December 31, 2025 and 2024.


Derivatives Not Designated as Hedging Instruments under Subtopic 815-20		Location of Gain or (Loss) Recognized in Other Income (Expense)		Amount of Loss Recognized in Other Income (Expense)
				Year Ended December 31, 2025				Year Ended December 31, 2024

Commodity Contracts		Unrealized loss on derivative contracts		$	(45,965,233	)		$	(34,274,326	)
Commodity Contracts		Realized loss on derivative contracts		$	(63,142,961	)		$	(19,875,815	)

Total				$	(109,108,194	)		$	(54,150,141	)