| Schedule of Restricted Shares and Restricted Share Units Non-Vested |
The
table below reflects the share award activity for the nine months ended March 31, 2026:
Schedule of Restricted Shares and Restricted Share Units Non-Vested
| | |
Units | | |
Weighted-
Average
Grant Date
Fair Value
per Unit | |
| | |
| | |
| |
| Unvested share awards at June 30, 2025 | |
| 8,583,466 | | |
$ | 1.93 | |
| Granted | |
| 8,029,895 | | |
| 2.13 | |
| Vested | |
| (1,537,760 | ) | |
| 2.39 | |
| Forfeitures | |
| (965,073 | ) | |
$ | 2.29 | |
| Unvested awards at September 30, 2025 | |
| 14,110,528 | | |
$ | 1.97 | |
| Granted | |
| 860,625 | | |
| 2.80 | |
| Vested | |
| (1,199,690 | ) | |
| 2.31 | |
| Forfeitures | |
| (164,912 | ) | |
$ | 1.92 | |
| Unvested awards at December 31, 2025 | |
| 13,606,551 | | |
$ | 1.99 | |
| Granted | |
| 2,220,422 | | |
| 1.42 | |
| Vested | |
| (2,003,309 | ) | |
| 1.48 | |
| Forfeitures | |
| (253,226 | ) | |
$ | 1.75 | |
| Unvested awards at March 31, 2026 | |
| 13,570,438 | | |
$ | 1.98 | |
|
| Schedule of Stock-Based Compensation Expense |
The
table below presents the stock-based compensation expense per respective line item on the condensed consolidated statements of operations
for the three months ended March 31:
Schedule of Stock-Based Compensation Expense
| | |
March 31, 2026 | | |
March 31, 2025 | |
| | |
| | |
| |
| Cost of goods sold | |
$ | 280,278 | | |
$ | 345,659 | |
| General and administrative | |
| 25,328,339 | | |
| 2,267,909 | |
| Research and development | |
| 1,951,657 | | |
| 659,587 | |
| Exploration | |
| 52,034 | | |
| 49,420 | |
| Total stock-based compensation | |
$ | 27,612,308 | | |
$ | 3,322,575 | |
The
table below presents the stock-based compensation expense per respective line item on the condensed consolidated statements of operations
for the nine months ended March 31:
| | |
March 31, 2026 | | |
March 31, 2025 | |
| | |
| | |
| |
| Cost of goods sold | |
$ | 912,093 | | |
$ | 564,721 | |
| General and administrative | |
| 27,580,401 | | |
| 8,807,374 | |
| Research and development | |
| 4,522,619 | | |
| 3,300,673 | |
| Exploration | |
| 128,663 | | |
| 151,837 | |
| Total stock-based compensation | |
$ | 33,143,776 | | |
$ | 12,824,605 | |
|