v3.26.1
Financial Instruments and Financial Risk Management (Tables)
12 Months Ended
Dec. 31, 2025
Financial Instruments and Financial Risk Management  
Schedule of Fair Value Measurement by Levels of Financial Assets

The following table sets forth the Company's financial assets measured at fair value by level within the fair value hierarchy:

 

December 31, 2025

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Financial asset – FID(1)

 

$

 

 

$

 

 

$

52,299

 

 

$

52,299

 

Investment in Aqualung

 

 

 

 

 

 

 

 

5,350

 

 

 

5,350

 

(1)
Includes $31.4 million and $20.9 million related to SWA Lithium and Texas Lithium, respectively.

 

December 31, 2024

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Financial asset – FID(1)

 

$

 

 

$

 

 

$

48,138

 

 

$

48,138

 

Investment in Aqualung

 

 

 

 

 

 

 

 

2,335

 

 

 

2,335

 

(1)
Includes $28.4 million and $19.7 million related to SWA Lithium and Texas Lithium, respectively.

 

June 30, 2024

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Financial asset – FID(1)

 

$

 

 

$

 

 

$

47,086

 

 

$

47,086

 

Investment in Aqualung

 

 

 

 

 

 

 

 

2,500

 

 

 

2,500

 

(1)
Includes $27.9 million and $19.1 million related to SWA Lithium and Texas Lithium, respectively.
Schedule of Assets and Liabilities Exposed to Currency Risk

 

 

December 31, 2025

 

 

December 31, 2024

 

 

June 30, 2024

 

Cash

 

$

142,339

 

 

$

8,057

 

 

$

5,879

 

Investment in Aqualung

 

 

5,350

 

 

 

2,335

 

 

 

2,500

 

Accounts receivable

 

 

322

 

 

 

 

 

 

 

Accounts payable

 

 

99

 

 

 

47

 

 

 

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