v3.26.1
Condensed Consolidated Interim Statements of Financial Position - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash $ 141,013 $ 152,314
Restricted cash 1,161 1,160
Other current assets and receivables 4,565 4,213
Current assets 146,739 157,687
Non-current assets    
Intangible assets 935 967
Right of use asset 209 257
Property, plant and equipment 976 1,036
Investment in Aqualung 5,350 5,350
Investment in Smackover Lithium 185,241 168,868
Financial asset - FID 51,464 52,299
Advances and deposits 52 52
Non-current assets 244,227 228,829
TOTAL ASSETS 390,966 386,516
Current liabilities    
Accounts payable and accrued liabilities 7,103 9,905
Lease liability - short-term 173 181
Current liabilities 7,276 10,086
Non-current liabilities    
Lease liabilities - long-term 39 76
Deferred income tax liabilities 20,526 21,799
Decommissioning provision 603 597
Non-current liabilities 21,168 22,472
TOTAL LIABILITIES 28,444 32,558
SHAREHOLDERS' EQUITY    
Share capital 419,663 405,173
Reserves 36,465 37,299
Accumulated deficit (88,985) (86,247)
Accumulated other comprehensive loss (4,621) (2,267)
TOTAL SHAREHOLDERS' EQUITY 362,522 353,958
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 390,966 $ 386,516