
In thousands	March 31, 2026		December 31, 2025
Current receivables:
Trade receivables	$	22,882	$	18,181
VAT receivable	33,310		37,100
Income tax receivable - federal	9,627		11,931
Income tax receivable - state	14,687		—

Deferred cash consideration (1)	834		834
Other (2)	6,855		1,114
	$	88,195	$	69,160
Non-current receivables:
Other tax receivable (2)	$	6,662	$	6,488

Contingent consideration (3)	13,195		13,195
	$	19,857	$	19,683
Total receivables	$	108,052	$	88,843

(1) Represents the fair value of the contingent consideration related to the sale of La Preciosa Deferred Consideration, which included the right to an additional payment of $1.0 million on the first anniversary of initial production from any portion of the La Preciosa project. The fair value of the contingent consideration was valued using a discounted cash flow model and is measured at fair value on a non-recurring basis.

(3) Represents the fair value of the contingent consideration associated with the sale of Sterling/Crown exploration properties, which included the right to an additional payment of $50.0 million based on gold resources reported in the Sterling/Crown exploration properties by the buyer, its affiliates or its successors. The fair value of the contingent consideration was valued using a discounted cash flow model and is measured at fair value on a non-recurring basis.