v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 167 $ 82
Short-term investments 8,275 7,573
Investments in marketable equity securities, at fair value 237 294
Prepaid expenses and other current assets 171 61
Total current assets 8,850 8,010
Mineral properties 16,732 16,732
Restricted cash - mineral property reclamation bonds 230 230
Other assets 48 58
Total assets 25,860 25,030
Current liabilities:    
Accounts payable 271 208
Operating lease liability 0 7
Total current liabilities 271 215
Long-term liabilities:    
Asset retirement obligation and reclamation liabilities 145 145
Total long-term liabilities 145 145
Shareholders' equity:    
Preferred stock, $0.01 par value, authorized 10,000,000 shares (none issued and outstanding at March 31, 2026 and December 31, 2025) 0 0
Common stock, $0.01 par value, authorized 200,000,000 shares (92,541,749 and 90,901,324 shares, respectively, issued and outstanding at March 31, 2026 and December 31, 2025) 925 909
Additional paid-in capital 91,856 90,604
Accumulated deficit (67,337) (66,843)
Total shareholders' equity 25,444 24,670
Total liabilities and shareholders' equity $ 25,860 $ 25,030